Hi cerhob ... as you say there were several posts around the...

Hi cerhob ... as you say there were several posts around the 18-19/04/02 (including my own which are on record) highlighting MAY rally from $5.10 support had stalled at several attempts to break thru $5.35 (Fib 161.8% retracement level) signalling exits for derivatives traders who took modest gains ...

Certainly the trend for WOW has been up and you will see I have qualified WOW entry as alert watch for tomorrow ... IMHO further weakness tomorrow early will signal WOW stalling and unable to sustain current high confirming the reversal ... and derivatives strategy is specifically to detect EARLY entry opportunities ... not all confirm hence tight stops.

Cheers ...


This is only my view ... read the red stuff.