Warner Music Group Corp.
Long
Updated

WMG - Weekly flag set up

38
  • Gap and go past ER indicates strength.
  • 200 EMA backtest, 60 VMA, and MACD signals are all green.
  • Two ways to trade,
    [**] build a position below 33 and set it as a stop loss
    [**] Wait for test of 35/36 and enter on the hold of 33.
Note
Here's the fib extension view. Nice symmetry around 33.
Note
snapshot

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