Huge wedge technical breakout
Diupdate
I'm new to technical trading but with the overall uptrend of WING and this pennant forming, I'll be looking to buy September call options next time the price touches the blue support trendline. Their revenues are great and they've made explosive moves on earnings in the past, I love the overall uptrend.
Komentar
With wingstop putting a candle through my line, I think we're on the verge of breakout sooner than later (thanks thighstop), so I've bought calls now. Not advice, just documenting my process!
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