Tecnologia_Financiera

Symmetrical Triangle on WSBC

NASDAQ:WSBC   WesBanco, Inc.
Wesbanco stock (Nasdaq:WSBC) is forming a symmetrical Triangle pattern in the last 7 month. Currently has bounced 4 times with the lower support and 5 times with the upper ressistance. Volatility, measured by Bollinger Bands Width indicator, has been decreasing since April, which is a typical signal for this kind of patterns. We should wait a breakout to enter long or short depending on the direction of the breakout, or we can also trade the internal bounces. Let´s be careful with the support/ressistance levels in the area, indicated by Fibonacci Retracements, before, and after the breakout.

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.