Looks like WM has hit some major resistance from fib and trend lines, WM are in an uptrend and on the daily we see a BB squeeze forming, looks promising for a bullish breakout....
Friends,
Worth remembering that this stock is in an UPTREND, and the sentiment is bullish, but this stock is a good opportunity to short down to trendline support perhaps further for some points.
Don't use ratios often but this is an appropiate time. Ratio confluence ext. target hit and respected, break below sideways resistance signals forceful short.
I forgot...
Price broke-out from solid base or tight range bound base, but it seems last few sessions bulls run out of gas, and price read to retrace back to 25% rule area which is now a target price for QST. There is also an early warning from StockRSI. The trend has not been broken but rather remains close to its last leg but time will tell. If you decide to take a short...
