WHEELS has shown a breakout with significant volume on the weekly timeframe but lacks the momentum to sustain a longer rally. It may rise to the 870-900 range before retesting the 770-800 levels. Alternatively, it could retest at the 760 level. After a retest, it is expected to gain strength and potentially reach the 940-1020 levels.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.