WFL 0.00% 0.3¢ wellfully limited

There was the break, the charts are being controlled down to the...

  1. 4,114 Posts.
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    There was the break, the charts are being controlled down to the T, notice how the MACD didn't cross negatively it was held above the signal line. The price has now peaked for the day IMO as it has touched the upper bollinger band. No selling pressure what so ever, looking good.

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    However whats more noteworthy is the weekly chart IMO. I have seen the bollinger band squeeze on the weekly now for some weeks and today the bollinger bands has opened up its mouth. Not only that but the price action has now broken the 50day moving average which has been acting as resistance since our highs at 12.5cents. MACD has crossed positively and has only just begun its journey. Looking excellent from where i'm sitting. GLTA
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