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.
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