A W Pattern that has yet to experience the bullish phase. (1) Angled slightly to the left. Weekly timeframe. Using the bars pattern to plot the next move of the W.
Last Night oil prices drop 3.1% just due to trade war concerns, this is why I'm looking into WOR. On the TA side, the weekly prices are below the 13 and 50 ema with the confirmation on the MACD as well. The daily price it looks like it got rejected by the 50 EMA with the confirmation on the Stoch. Looking for quick scalp below $13.37.
WOR is America's largest independent processor of flat-rolled steel. The company takes steel from steel producers and processes it for customers in a variety of industries including automotive, lawn and garden, construction, hardware, office furniture, electrical control, leisure and recreation, appliance, agriculture and HVAC. Im not a fundamentalist so im unsure...