Similar formations in green boxes allows conclusions to be drawn about prices future, another ascending triangle may form along this temporary up trendline, leading to more growth
I see clear support ($75) and resistance ($82) zones for WWE.
If we don't see some kind of buy/volume bounce-back, and we cross the $75 on a downtrend.
I would short if we brake the flag pattern (drawn in the chart).
On the other hand, if we start going higher and brake the $81.5 with confidence. I expect WWE to reach $100 again.
Confirming technical studies indicating an upper trend movement:
RSI (14) @55 from a longer uptrend.
SRSI (14) @.52
OBV @60,000.00 reaching for a big high
MACD (.78) is about to cross the MACDsl (.81)
Bollinger width is at a relatively low value indicating volatility coming up.
Fundamental:
We've seen 140+% growth from last march, as well as a 35+%...
