Short
Short WFT Contingent Confirmation
$WFT is forming a rising wedge continuation pattern at a 45 degree incline. This is not aggressive however accumulation appears thin against relative strength. If price breaks below $10.50 look for volume confirmation to sell short. $9.75 downside target. We geometrically estimate that traders should set a maximum $11.25 stop to avoid unexpected strength.
Good luck to all.
Good luck to all.
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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.