Remember #DIS when it fell all the way from 116 to 89 last year. This is doing a sorta similar behavior. Chart above showing the various resistance lines. Being a slow mover, don't expect surges (unless something significant happens).
It's trending up nicely..
Short < 46.80
Stop - 46.99
Target - 46.5
WSM is in a corrective phase. If the upper channel holds i'm expecting a breakout to the downside. Possible target on chart.
It is an engulfing pattern in a downtrend. This gives hope for some more retracement up.
We have a downswing in an uptrend. Our fast rsi went to the oversold area.
My stop is 5% below our entry point and the target is the high of the last five days.
Just an observation - maybe something to watch over the next month or so.
Sorry if this is a double post. Can't recall if I did it already...notes on chart
Updated notes on chart
Looks like price wants to fill the gap on this SHARK. Tight PRZ #1
Looks like a weekly SHARK here
Notes on chart
I think everything will end with the full correction.
Small trading volumes mean correction. Correction means a short term position. In this case, I hope that maribuzo will hold the chart and that the nearest resistance is far enough.
Potential Flag on the weekly
WSM Double Bottom