WTW Short-Term Overbought

WTW slow stochastic is near-term overbought. This coincides with a 122% price extension above its 250 day EMA. All indicators point to a pause in upside momentum.

Trade closed: target reached:

WTW hit our initial swing target yesterday. Traders continuing to hold a short position may want to place a trailing stop to ensure a profit in the event of a bounce.
FlashPoint Trading will continue to monitor WTW for other swing trade ops.
If you like our free commentary please click like and follow.