Big Volume at the open today 8/22 +5% right out of the gate. 14 looks very possible.
Barker
⋅
WLT flagging out for it's next push to 14.
REITS
⋅
Looks like up some premarket. Hopefully can make a move towards 11 by EOW.
Barker
⋅
For me this is a longer term trade however take note of the 60 minute chart here. The stochastics have quickly moved to overbought. Also WLT has not broken above the 100MA since 7/24. For a short term trade the indicators are telling us to take profits.
I am staying long and trading off the daily chart.
REITS
⋅
Sick Day today, hopefully continuation tomorrow.
steveoliveira
⋅
I think there is more upside than 14... Testing major long-term support with huge volume (check the weekly)... If it holds, then this baby has a lot to ride....
REITS
⋅
Here we are sitting at 10 the stock looks awful. Hope it bounces soon.
steveoliveira
⋅
Nice rally... thanks for sharing... i did very good on this one...
timwest
⋅
$11 is a bit of supply just overhead, but once through $11, then $14 looks very reachable. Hopefully the big drop in late July from $14 to $11 is 'out of the way' and sellers have completed.
I do like the level of oversold and "turning up" --- great ideas Barker.
Barker
⋅
agreed. A lower risk trade would be to simply trade the 60 min chart. Highly likely we get that move from 10.20 to 10.90 again.