WERELDHAVE 1H Long - Retest on FIB 0.382 and exponential curveHi guys, here's a short technical analysis on WHA. We got some good gains today on Wereldhave as for the last few hours we went down again to a retest on FIB 0.382. Notice the upward curve is also still there, so we might have some support from the growing stock of the past few days.
As thing look now considering the growth of the last few days, tomorrow will be good one and hopefully the exponential curve will provide us with enough support to go up until FIB 0.55 or even 0.618! Moving averages look positive, the market is gaining strength again and recovering from COVID-19. To calculate risk we might be dropping down to 10.700 touching the 20MA but I wouldn't expect a drop much lower than that.
Trade safe, stay safe!
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