Disclaimer: This is speculation -- not financial advice. I am not at all a licensed professional. I currently own shares of NASDAQ:WNW.
Looking at randomly drawing lines, NASDAQ:WNW looks ready for a possible one or two day run up before a cool-down between $16.40-$18.25. From $13.40, possibly a 20-36% short term gain before close of March 26.
NASDAQ:WNW up from $9.84 at end of March 7 to $13.40 at end of March 19, with an intra-day high at $16.40 on March 18. Its trading price now crossed over from Discount (Price < VWAP) to Premium (Price > VWAP). The last time its trading price crossed over from Discount to Premium was February 11.
This has been a horrible train wreck. Until Chinese government stops monkeying around, I don't see any hope. Even after, looking for fundamentals from this particular company before investing in its shares again.
TaggM
⋅
The 1 Day and 4 Day sample views look to me like the Premium-Discount price trend should crossover in June from Discount territory into Premium (consistently above VWAP). Its Premium-Discount period looks like around 2 weeks.
TaggM
⋅
Rough ride since March 19. A very short peak to $14.71 during first hour of March 22. Followed by drops more than 30% since then, 40% and since March 18.
Looking back, my analysis was mis-timed for both its studies and trend charts. Looking again at the seconds (upper-left), and fast minutes (upper right) panes:
* The price was in a downward corrective rebound from upper-limit of Bollinger, after 4 consecutive upward price rallies until March 18.
* The seconds (upper-left) and fast minutes (upper right) study panes showed showed negative sentiment and negative price projections.
As of pre-market, this morning, March 29:
* Most 1, 5, and 15 minute Technical indicators are BUY, with resistance at EMA 200.
* The seconds (upper-left), fast minutes (upper right), and slow minutes (middle) panes study panes show positive sentiment and positive price projections.
* The days (bottom) study pane could turn into a solid positive rebounding sentiment and price projections.
* We might be watching a tentative support at $10, with subsequent accumulations around $8.75 +- $0.25