BTS
2023-08-01

$WB-SW(09898)$  

<Daily Chart>

Falling Wedge breakout

Share price trapped within a parallel channel & immediate resist right along down trendline can be drawn

Daily RSI breaks above trend resist in late Jul 2023 & share price has since risen to current level

Stock is now in the midst of a bull formation & may be ready for a rebound back along $140~$145 range

If BUY volume is strong enough might see a re-test of $173 (HIGH back in Mar 2023)

Resist : $140~$145 | $173

Support : $109

@TigerStars  @CaptainTiger  @MillionaireTiger  @Daily_Discussion  @TigerWire  

💰 Stocks to watch today?(19 Dec)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
2
26