Weyerhaeuser Timberland Long

NYSE:WY   Weyerhaeuser Company

Hi traders,
Timberland company WEY showing classic closing of Jaws in my proprietary 'Arun' indicator on the daily timeframe
Bulls want to go long and Bears short covering
I started accumulating since yesterday, and the signal has developed even further today.
Time for second bite of the cherry.

A good long setup with stop below the recent low, fib, pivot point *whatever.
Personally, Id just ride the trend so long as the trend holds
Trade closed manually: Following my idea on the 8th , the share price rallied for 2 consecutive days.
But yesterday, there was a big decline and today the sp is flat.
My indicators suggest that yesterday's price action has taken out the short term momentum. The current outlook is neutral


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