Fantastic day for WE, a real gem on all my charts and metrics. I've posted one of my more visual charts, everything lines up 1,3,6,9.12. Parabolic reversal is in, MACD twist, etc. Candlestick charts are great too.
Would have set off some TA traders stock screener scan buying signals (a few more to cross but thats ok before the majority will see it pop up). The volume I believe is still a bit too low to properly confirm a full reversal has commenced with good support. Tomorrow is the day I think to watch (said it before) and if goes over 4.24 and closes at a high around 4.28\4.29 or greater then I would say the reversal is confirmed (in my charting opinion, not advice). From there with the company results due in 14 days who knows how hard or not the run could be to that date. There will be speculation positive and negative, though hoping the company interim update was the last surprise. If anything the company has had time since then to possible add ideas\works in the pipeline to offset.
(As a note on the volume - We're at something like 50% of average stock traded today if we can add as above tot he SP and increase volume tomorrow to the standard or higher turnover then I'd say giddy up buttercup if theres strength early on in the day).
DYOR - If you're going on a hot date, it's better to be too early than too late
WEB Price at posting:
$4.18 Sentiment: Buy Disclosure: Held
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