There is not very much more to squeeze out of WMR at the moment, if you are short.
A capitulation to the 61.8% level at $4-73 is an absolute certainty now that we are trading beneath the 50% support $4-85.
In fact, the gap at $4-69 -- $4-72 will most probably be filled, and this will signal the end of this short term downtrend.
Wait to see the reversal, but that will be the time to buy. Any movement below $4-69 means there is MORE trouble to come.
It is as simple as that folks. Take it or leave it.
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