#WFM - long if it breaks out
WFM has a resistance level at $40. A long entry would be possible after the break through of this resistance. If it does not break out, it can be a good candidate for short. But given the rising MFI and OBV with the formation of double bottom, it may break out.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.