WKHS about to Rip?
Not an advisor.
Today I entered WKHS with a rather large position to try to swing a quick profit back elsewhere. (Shares mostly + Some options)
A lot of potential here. Today we saw 70 mil volume, average daily volume is about 25-28 million I believe. If we see that continue I believe we will see very fast price action. Once we break past this $18 resistance it should be smooth sailing to the $21 area. I measured out the continuation to give a pt of $26.89 short term. I don't expect that to hold. But fall into a new pattern. Weekly is crossing bullish with a ton of room for running up. Could potentially get to a new ATH. First things first tho, lets break past this $18.33.
I suspect next week to have much stronger movements being that we should be crossing bullish by then a many indicators on the weekly chart.
Lines of support marked. Could break down, however with all the volume shown today I believe we see it continue onward for movement up.
Feel free to chime in with thoughts.
Today I entered WKHS with a rather large position to try to swing a quick profit back elsewhere. (Shares mostly + Some options)
A lot of potential here. Today we saw 70 mil volume, average daily volume is about 25-28 million I believe. If we see that continue I believe we will see very fast price action. Once we break past this $18 resistance it should be smooth sailing to the $21 area. I measured out the continuation to give a pt of $26.89 short term. I don't expect that to hold. But fall into a new pattern. Weekly is crossing bullish with a ton of room for running up. Could potentially get to a new ATH. First things first tho, lets break past this $18.33.
I suspect next week to have much stronger movements being that we should be crossing bullish by then a many indicators on the weekly chart.
Lines of support marked. Could break down, however with all the volume shown today I believe we see it continue onward for movement up.
Feel free to chime in with thoughts.
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.