Another little observation in regards to WEN: the descending wedge is a pattern that this asset has followed before and it always broken to upside. More upside to come?
Despite being a great moment to accumulate, I suggest there'll be another shake down.. My hypothesis is that it'll bounce back up once it mingles with the 0.618 golden fib ratio. We may still go sideways for a bit or even bounce upwards before being rejected again, in my opinion.
What are your thoughts ladies and gents
