chart

From a chart T/A I took a position based on the following confirmation.

1- Dragonfly doji which formed 3 trading sessions ago was my signal.. I,e dragonfly doji if found near support or resistance lines have significant value as they often signal a change in trend..

2-Following increase in volume form bulls supports positions being taken...


3-Today's open @ 4.5 ( same as previous trading session's close) and even though the sp dropped below @ 4.4 buyers/bulls took control pushing the sp above to close higher than previous trading session.

4-Today's high volume bar

5- Broke above triangle pattern..

Few things to look for...

1-Want bullish momentum to continue with the indicators

2- High volume bars this will signal money flowing into WHN

3- When the sp breaks above 5 cents, congestion zone between 5.2-5.5 cents

Overall start of a new uptrend IMO...