looking awfully bullish, page-4

re: looking awfully bearish , chart? An interesting exersize this one

The daily chart with the shows WMR breaking the bottom of the uptrend line ,

Also not making any new highs and shows almost a 100 % Fib retracement happening again

Stoch is showing a buy signal but only because it has dropped to the bottom of the range .

A better indicator to look at for long term direction is the MACD ,it has been bearish for some time now.

based on t/a and it can all change in a day or two .

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