Walton (WTC) Too, Also Ready (Targets Inside)
Here is another pair that looks ready to move according to the chart signals; remember, we are reading the charts.
What I marked here with a light blue square is the higher low.
The low was hit in January 2021 and the higher low in July 2021... This is a very strong bullish signal.
Right now prices moved back above EMA100 (blue line) and the projection is up (green arrow).
The red dashed line at the bottom stands for support.
If it goes there, it can easily move lower.
As usual, we continue waiting until we see it grow.
The grey/orange dotted lines are the resistance levels (targets). Also mapped with a yellow square.
Thanks again for reading.
Namaste.
What I marked here with a light blue square is the higher low.
The low was hit in January 2021 and the higher low in July 2021... This is a very strong bullish signal.
Right now prices moved back above EMA100 (blue line) and the projection is up (green arrow).
The red dashed line at the bottom stands for support.
If it goes there, it can easily move lower.
As usual, we continue waiting until we see it grow.
The grey/orange dotted lines are the resistance levels (targets). Also mapped with a yellow square.
Thanks again for reading.
Namaste.
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