Evan_Moe_Money
Long

Chance for another breakout

NYSE:WTW   None
95 views
8
95 1
Even though the big seasonal phase is over, I think there is a breakout ahead.

We see a long and stable trend to jump on here. Only thing, the big purple resistance at around 33.40 (you can see it better in the 1W chart, dont know how to get multiple charts in one idea, glad for help though) needs to be broken.
Also we see a consolidation here, even a wedge forming out.

Several smaller supports already held so i think the uptrend will continue. Also in the last few weeks we had several breakouts after consolidations. So if history repeats, and we will break this big resistance I suppose there will be a bigger breakout than the last ones.

As usual, please do your own research as I cant really look into the future ;-)


If for free members it is possible to insert more than one chart per idea, I'd be glad to hear how, or receive the link =)
Trade active: Breakout! lets go get the target!
Comment: profits profits profits

adjusting SL
Comment: waiting for one more up move, then I'll close this one manually
Trade closed manually: Allright, this was very nice, thank you market!
Kapitalerhalt steht über allem.

Trade what you see, not what you think
I agree, looks good even in the daily chart.
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