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Trying out my TA for a stock my father is interested in. Lets see what happens
$WLB looks like it is heading up. RSI broke above the trend line. Price closed above Tenkan. MACD Crossover. CCI heading up.
classic bull flag breakout...heading higher.
moving higher...from our Momentum Letter
should pop higher here on rising oil
our 3rd week in this pick
WLB is bouncing from the 3,5$ level, making a series of waves to the upside. I'm expecting more upside for this one. Let's see if it goes straight up or if it makes one more correction before the wave up.
A retest of $8 is called for.
- Clear resistance
- Support touches along hypotenuse
- Two target prices if breakout