Huge triangle in the making. Expecting the price to break up from current channel (happening right now), and then from the triangle itself. It will fly. Target @ 20, but I think it will do much more later on. Cheers!
Comment:
The channel still keeps the price in downward slope, but on the other hand the support zone still seems to be active (friday closed above). I think the break down of the triangle is just head fake, and if WWR breaks up the channel and gets back into the triangle, this will be really bullish sign for me.
Comment:
Price broke out from the channel, and got back inside the triangle, which is bullish. I revised the drawings. The triangle just broadened so it can take bit more time to become mature (the apex is further away).
Comment:
Not going as expected but ... I bought some more shares (averaged down) as price dropped to the confluence of supports (blue downtrendline + white horizontal line) and I think there is good chance that price finally found the bottom.
Also TD sequential will most likely print red "9" on monthly(!) chart (buy signal), but there are still 7 days remaining to month close, so this is not confirmed yet.
Also TD sequential will most likely print red "9" on monthly(!) chart (buy signal), but there are still 7 days remaining to month close, so this is not confirmed yet.