CFDTradingo
Short

Weatherford Sell Setup Looks Imminent

NYSE:WFT   WEATHERFORD INTERNATIONAL PLC (IRELAND)
Another stock in the list of us energy stocks we have been watching. However this one appears to be on the brink of breaking through the lower trend line .

We will be keeping a close eye on this one through the week and once it breaks through will be watching on a lower timeframe for a retest & rejection or a consolidation and then sell.

Trade active: If you have the patience, it is better to wait until this consolidation breaks to sell. I don't!
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Trade active. If you have the patience, it is better to wait until this consolidation breaks to sell. I don't!
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It broke down and out pretty hard! Now we will wait for a consolidation on a lower time and then sell when it breaks that
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