$WLD is down 3.26% on the day to $0.3775, and that's pretty much the whole dip: it's still up 23.05% over the last 30 days.
the long case here is one number. the 20-day moving average sits at $0.37304 and price keeps closing above it. the MACD histogram is still positive, RSI is 52 which is dead center, so this isn't stretched and there's still room to run.
what i don't love: 24h volume is only $12M and the setup scores 8 out of 14. that's a slow grind-up read, not a breakout. if you're here for a fast move this probably isn't your week.
right now $WLD trades $0.3774, wedged between the $0.3715 low and the $0.3914 high of the last day. if it holds $0.37304, i think it works back toward yesterday's high at $0.4278 over the next week or two. if it loses $0.37304 on a daily close, i'm wrong on this and there's nothing to defend: the trend flips and anyone long is holding a falling knife.
holding $0.373 or losing it? tell me straight.
the long case here is one number. the 20-day moving average sits at $0.37304 and price keeps closing above it. the MACD histogram is still positive, RSI is 52 which is dead center, so this isn't stretched and there's still room to run.
what i don't love: 24h volume is only $12M and the setup scores 8 out of 14. that's a slow grind-up read, not a breakout. if you're here for a fast move this probably isn't your week.
right now $WLD trades $0.3774, wedged between the $0.3715 low and the $0.3914 high of the last day. if it holds $0.37304, i think it works back toward yesterday's high at $0.4278 over the next week or two. if it loses $0.37304 on a daily close, i'm wrong on this and there's nothing to defend: the trend flips and anyone long is holding a falling knife.
holding $0.373 or losing it? tell me straight.
