Breakout on accumulation patterns: WFRD

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Weatherford International plc (NASDAQ:WFRD)

NASDAQ:WFRD Weatherford International plc

Trend Analysis Technical Indicators Chart Patterns breakout accumulation earningsseason oilstocks swingtrading

trendanalysis indicator chartpattern breakout accumulation earningsseason oilstocks swingtrading

The breakout is on a surge of volume following "quiet accumulation" patterns in candlestick trendline and AccumDist indicators. Possible run to earnings for short-term.

snapshot

Martha Stokes, CMT
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