WAXP looks ready for a new bullish wave. bullish divergence on 12H TF playing out and recover the daily support (orange line) is the key to keep momentum higher.
Retest yellow box to enter and wait the 50% to complete next weeks
Increase in volume (which is paramount to have a decent size move to any direction) and major Support/Resistance level (orange line) touched on daily time frame (demand zone).
We can buy yellow area according to demand > trading volume > hence previous Price Action.
It looks like the point of interest on lower timeframes
Retest yellow box to enter and wait the 50% to complete next weeks
Increase in volume (which is paramount to have a decent size move to any direction) and major Support/Resistance level (orange line) touched on daily time frame (demand zone).
We can buy yellow area according to demand > trading volume > hence previous Price Action.
It looks like the point of interest on lower timeframes
Comment:
WAXP 8% up
Comment:
WAXP TP 1 for 11%
Comment:
WAXP u are welcome
Comment:
WAXP breakout alert
