Wlda
DMK--
Here's two charts on WLDA. First the weekly. Nice RUN! 12 up weeks in a row! Gotta expect some profit taking sometime or other, don't we?

Now, what should we do? Here's MY plan IF I were a holder of the stock.
I look for an up day tomorrow. Those three red soldiers in a row should be followed by some kind of an upday. Moreover, the red channel signals a long.
Sure, the blue channel break is bearish. I really look for an A~B~C correction. Namely, the A leg has already happened (and I hope is over); the B up leg is coming next, and a C downleg will follow. You'll have to figure what you want to do from here.
Originally posted by dmk112
Here's two charts on WLDA. First the weekly. Nice RUN! 12 up weeks in a row! Gotta expect some profit taking sometime or other, don't we?

Now, what should we do? Here's MY plan IF I were a holder of the stock.
I look for an up day tomorrow. Those three red soldiers in a row should be followed by some kind of an upday. Moreover, the red channel signals a long.
Sure, the blue channel break is bearish. I really look for an A~B~C correction. Namely, the A leg has already happened (and I hope is over); the B up leg is coming next, and a C downleg will follow. You'll have to figure what you want to do from here.

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