Long
WETF ready to turn around its 2019 performance?
WETF substantially outperformed the NASDAQ index through 2019.
A significant gap has opened between its GMMA longer and shorter bands. Check out the last trading day with some of the highest trading volume for at least a year shown by the surge in the OBV.
A positive move will lead to RSI breaking out of oversold territory and crossing through the RSIMA(30). This would lead to a rounding of the RSIMA showing positive momentum. Also an imminent bullish cross on the daily MACD, which has already occured on the 3 day timeframe.
Watch for a test of the red bands of the GMMA.
A significant gap has opened between its GMMA longer and shorter bands. Check out the last trading day with some of the highest trading volume for at least a year shown by the surge in the OBV.
A positive move will lead to RSI breaking out of oversold territory and crossing through the RSIMA(30). This would lead to a rounding of the RSIMA showing positive momentum. Also an imminent bullish cross on the daily MACD, which has already occured on the 3 day timeframe.
Watch for a test of the red bands of the GMMA.
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