Wisetech - Looking for a place to get in - Confluence Area
Wisetech is going to report very very well next year. This will likely result in another anticipated run up or a decent bounce. With that in mind, this is my attempt to find an area to buy.
We have strong confluence: Bullish Wedge pattern + possible Double Bottom + key support resistance + Longterm bullish trendline.
I'm looking to buy first bullish candle upper outside of wedge, stop loss just below major support resistance. Goodluck all!!
We have strong confluence: Bullish Wedge pattern + possible Double Bottom + key support resistance + Longterm bullish trendline.
I'm looking to buy first bullish candle upper outside of wedge, stop loss just below major support resistance. Goodluck all!!
Trade active
Bullish Pin bar Just getting to outside of wedge
Note
counter trend has broken. I'm thinking If WTC breaks over head resistance we could be headed back to all time highs sometime 2020.
Trade closed: stop reached
Or they could pull a downgrade. Didnt see that coming
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Disclaimer
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.