This is a vital price zone for WKHS. A previous posted analysis stated that WKHS was too high and would retrace. It has broken the support zone I was looking for at the horizontal channel support and it is now approaching the horizontal trend-line. If this trend-line breaks, we could see WKHS in the $1 range again.
This vital trend-line does have confluence:
- Horizontal support (vastly more important)
-90% retrace zone from parabola.
This vital trend-line does have confluence:
- Horizontal support (vastly more important)
-90% retrace zone from parabola.
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Candle_Vandal88
about WKHS