WTC - Chart, page-20

Just running through a few of my remaining holdings in what are very uncertain times. I noticed WTC previously made a head and shoulder pattern which I had missed previously. While of academic interest only, the 100% extension of that pattern (the green horizontal line) falls exactly on this weeks low. Also Fibonacchi extension of Elliott Wave A from the top of Wave B pretty much ties up with that same potential bottom. For the Elliott Wave aficionados, I think we are probably looking at a large scale Wave 1 and 2 in the chart with the A,B waves referred to being sub-waves.
A good omen for a recovery from here, but charting is a perilous undertaking when sanity seems to have left the building. That said, if WTC was to make a green bar next week and close above the resistance level that it presently sits below (red horizontal dashed line), it might be time to buy a few more.