It is technically in good support range and can grow up to 200% if supported. If you take a buy position, stabilization below this range can be considered as a stop loss.
Walton chain recently experienced a weekly breakout of a long time downtrend. a clear buy signal was given on Jan 18, 21', following up with the formation of a beautiful inverse head and shoulders at the same time. while there may be short term downside here as it tests support on the breakout and neckline, a long term target of $2.50 + and up to $13 are open in...
Break of the ascending triangle to come.
we are moving towards past resistances, which should be quickly overcome.
WTC has an interesting history of speed increases.
It will be easy to make a X2.
DYOR.
WTC showed us today, what is the power of leading diagonal known by eliott wave traders.
Leading diagonal is basically rising wedge and many people think, that this is the bearish pattern - they are not 100% right, because rising wedge can be also trend reversal pattern, because rising wedge is ALWAYS last or first wave. And we got nice example of rising wedge as...
Hi Traders
WTCUSD is might coming down to bounce off. The RSI Divergence as well as the MacD show a momentum change. It might bounce of the marked area or the resistance line a bit lower.
