$WFM - long if it breaks out

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WFM             has a resistance level at $40. If it breaks through $40, it can be a good candidate for long. If not, we can short it. But given the rising MFI and OBV with the formation of double bottom , it is likely to break out.
The stock is so coiled, has the most amazing base! With earnings this week, thats obviously the big catalyst for a move. Dropping a nice tail on the daily so far (40mins into the trading day).
seine anthonybrown
Thanks for sharing your idea @anthonybrown
I think the best time for entry would be after earnings.....i don't want to bet with earnings...
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