klirenc

WAC - break Up

BATS:WAC   None
380 views
0
WAC has broken chanel down
It is going from downtrend to uptrend
Similar situation like in Jan 2012
First resistence MA50, second MA200
Target on trendline around 22
Strong MACD Histogram and Lines
ROC break up

Comments

Followed.
Reply
WAC has reached MA200 today without delay, it should calm down for a while. WAC is very strong now. I guess that it could break up downtrend resistance line finally. In that case it could go up to 29 - Based on Fibonacci extensions . Resistance 24-24,3 and than 26,5-27 in that case.
Reply
First target MA50 has been reached. There should be couple of days around MA50 and than start up to 200MA - second target.
Reply
Followed.
Reply
Followed.
Reply
Looks good. The difference is that we don't have a double bottom and divergence yet. Like we had in January. So it can come back one more time easily.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out