WRTH would be ending one impluse on upside soon,min 20-30% move incoming
$WTRH is beaten down and is looking to form a descending triangle pattern around $.29 support trend line which goes back 2 years. Volume has dried up with each new low and a swing trade position can be taken on a close above upper trend line. MACD histogram is showing divergence as well. Risk : reverse split may be coming as company has until 6/25 to comply with...
WRTH may accelerate to upside, wait for price confirmation, before this happens
I moronically sold some call options on this and missed out on the huge gains up towards $2.50. Am I seeing things hoping to make it back or is this another setup? Copying the gains from the last pump, another 200% gain would see WTRH back up towards $3. There is also a bullish divergence (red lines) that is also similar to the last dump and consolidation. This...
My goal is to make 6%. I saw this opportunity, and through the markups, determined this potential trend. I'm not a professional. Please invest at your own risk.
The waves never lie, though sometimes we read them wrong. (at most, wave 1 could see the boxed area before capsizing).
Weekly chart has been oversold for a while now. There is room for respite before a possible next. We normally never trade B Waves, unless an exception such as this one occurs. Just look at how much space is there to even 0.236 retracement level. It is prudent to assume that B Wave is going to be a shallowest of the shallows, even though a fair proportion of them...
$WTRH After118 days we officially have a trend change to green using the Heikin Ashi smoothed indicators. After careful review of the previous quarters, Financials & business plan there is a high possibility the company Waitr holdings can reach $50 a share in the next 2-4 years. The have recently completed acquisitions and investments and morgan stanley now hold...
Looks like we had one heck of a strong close on Friday WTRH managed to hang in there with the volume after a red day... Interesting price action; The approach I am taking is the $1.57 break. As soon as we break I will look for 1-2 candlestick confirmations and take an entry
High resistance at 1.5$, the stock price may return 1.25 in 18th of October.
WTRH - Oct15 Its seems that the buyer will take over soon thats what the chart says. TP1 - 2.5
I think $WTRH is about to break out of its long descending wedge and surprise folks going into next year.
Demand Zone entry Entry 1.01 no Stop Target1 2.5 Target2 4.2 Risk management is much more important than a good entry point. The max Risk of each plan should be less than 1% of an account. I am not a PRO trader. I trade option to test my trading plan with small cost.
WTRH is among the group of small caps who ran during last years rise and subsequent slaughter. Seeing an RSI divergence could be a good spot to pick some up for the next several months. Be careful during earnings.
This has been a crazy ride. First bought around $1, went heavyily in at $.33 and rode it on several waves. She has not gained traction since and in this environment, not sure if she will. But the chart is looking interesting and small cap season is upon us. Fun one to watch. Plus WTRH is back by Tillman Fertitta who is an amazing business man. I hope we have a fun...