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Continuing the analysis of WGS, where I hold a position with an average price of 100.19 since 02/26/2025:
After the last pullback, I am considering a bullish flag pattern, as shown by the yellow triangle on the chart, with a double bottom on the 60-minute chart at 88.00.
I also observe the low volume during the correction starting on 02/19/2025, which indicates a pullback without strong selling pressure and, consequently, a brief accumulation period.
In my projection, today it should test the downtrend line with peaks on 02/19/2025 and 03/03/2025.
Continuing the analysis of WGS, where I hold a position with an average price of 100.19 since 02/26/2025:
After the last pullback, I am considering a bullish flag pattern, as shown by the yellow triangle on the chart, with a double bottom on the 60-minute chart at 88.00.
I also observe the low volume during the correction starting on 02/19/2025, which indicates a pullback without strong selling pressure and, consequently, a brief accumulation period.
In my projection, today it should test the downtrend line with peaks on 02/19/2025 and 03/03/2025.
Nota
As expected in today's pre-market analysis, the price tested the downtrend line but without any significant vertical volume, which may lead to another correction within the flag in the next session. Will any institutional player take advantage of the technical setup and create a gap tomorrow?
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.