WLL Compelling Intermediate-Term

WLL remains a very compelling intermediate term pattern for upside continuation, especially if and when it takes out its most recent (5/22) high at 54.04, which if sustained, will trigger upside potential to 61.50-62.50, and then to 73.00-75.00.

Only a break below 52.10/30 will be a warning that the hurdle of 54.04 might be delayed, and that WLL will have to digest its near vertical gains from its 5/25/18 corrective low at 46.70... Last is 53.66/68...

5 30 18 WLL Day GIF
5 30 18 WLL Day GIF
  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!