On 1W TF, WOO seems to form a Adam and Eve Double Bottoms.
It would break the neckline and reach a 60% higher target.
Let's patiently wait for breakout (and retest if you'd like) to enter this trade.
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WOO is breaking the necklineNote
Last time, break-out didn't succeed. Now WOO is trying again...
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WOO well performs. I expect that weekly neckline will be broken. I'll consider an entry
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WOO is retesting the neckline. I'll wait for good condition to enter, after weekly close.
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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.