Watch WTC in this long-term bullish, flat-top ascending triangle...WTC has tapped the bottom of the triangle 3 times which usually hints at the next up-tick could break the triangle. It could run for at least 29% to the top of the channel and if it breaks the resistance, much higher.
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Exactly what I thought would happen. We touched the 1.618 fib level and retraced slightly...With the volume coming in, the next impulse could send us up to the 2.618 or at least back up to test the 1.618 area. Minimum gain to be expected is 45% could be 130%!