Was having a general look for some examples and noticed the latest weekly bar on WOW, not necessarily massive volume, however it is an increase on previous 2 bars but a sharp decrease in spread, possibly smallest in over a year a possibility for some bag holding? Or not enough volume for BH specifically but still a distinct change in behaviour, would be looking for confirmation of a change this week? Might make for a nice morning star.
The previous gap on breakout suggests a substantial potential barrier exists here, would a buy at 23- with a stop at 22.50 be appropriate?
Looked at the monthly and this showed some recent SOS, need to watch where from here, as monthly shows some supply on this recent test of breakout
Was having a general look for some examples and noticed the...
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