I've been reading with interest the conversation on Reversals. I...

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    I've been reading with interest the conversation on Reversals. I have been looking for them also but then looking for a spring afterwards.
    Here are 2 charts of WHC. A Weekly and Daily chart with some of my thoughts.

    https://hotcopper.com.au/data/attachments/2211/2211507-4ce2b0743b1a41e5bdf62026238947ad.jpg

    The attempted move up is on reduced spread, the close is good however supply may still be present.

    https://hotcopper.com.au/data/attachments/2211/2211509-9e9b30879ad1899790bda5bad4ea660e.jpg

    This shows a reversal pattern but not necessarily in the right place, it is the spring that has me interested.
    Of course confirmation is needed and this will be put on my watchlist.
    As always do your own research. Have a good day.
 
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