WPL pretty much went as planned. It finished the week with a drop out of the ascending channel on higher volume. Daily stochastics broke down through its triangle confirming the lack of momentum. RSI turned at the top of its ascending channel as its in the past and is now just turning off the bottom so perhaps we may see a pullback to the channel before a further drop.
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weekend charting 5 dec thanks fpmarkets, page-60
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