Hey guys,
I think it's fair to say that WMS is fresh off of distribution, with a year of buyers overhead and a Wyckoff look with the false breakout. As history proves with this stock, it could inch higher over the subsequent few weeks, but based on market conditions, I think shorting countertrend rallies is the way to go in these markets. I would look to short WMS when it possibly gets into the 100's. Best of luck.
I think it's fair to say that WMS is fresh off of distribution, with a year of buyers overhead and a Wyckoff look with the false breakout. As history proves with this stock, it could inch higher over the subsequent few weeks, but based on market conditions, I think shorting countertrend rallies is the way to go in these markets. I would look to short WMS when it possibly gets into the 100's. Best of luck.