Wingstop 
WING just triggered its first real shift in momentum.
After months of drifting inside a clean descending channel, price has now broken out of that structure and is pressing directly into the long-standing downtrend line that’s been capping every rally since August.
The real battlefield sits between $𝟮𝟳𝟬 𝗮𝗻𝗱 $𝟮𝟴𝟬.
Clear that level, and the downtrend that’s been weighing on this chart for months could finally be done.
WING just triggered its first real shift in momentum.After months of drifting inside a clean descending channel, price has now broken out of that structure and is pressing directly into the long-standing downtrend line that’s been capping every rally since August.
The real battlefield sits between $𝟮𝟳𝟬 𝗮𝗻𝗱 $𝟮𝟴𝟬.
Clear that level, and the downtrend that’s been weighing on this chart for months could finally be done.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.