WSP is moving out of a rounded bottom continuation pattern this morning, andd closing in on the 2018 highs. Swing trade possibility for an 8% to 15% run based on similar prior patterns.
That puts an initial target near $81 to $82. Trailing stop could be used in case we get a bigger run like in May/June 2018.
Careful: low volume stock. Earnings in early August.
Disclosure: Long
That puts an initial target near $81 to $82. Trailing stop could be used in case we get a bigger run like in May/June 2018.
Careful: low volume stock. Earnings in early August.
Disclosure: Long
Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
Stock and forex trading insights at tradethatswing.com/
