$WLD still has one more segment sideways to break up, can't we just try harder? If it breaks out of the boundary now, it's certain to go back to 4-5, splitting again.
Why is it so weak, I don't know anymore. The lowest price of all time seems to be $0.88, but there may be a lower bottom coming.
It would be more reasonable if WLD sideways around the range of $1-1.3 for about another month and then breaks to go up to $2.5 and $5. But perhaps we need to be mentally prepared for the possibility of prices lower than all-time lows and splitting at any moment.
Why is it so weak, I don't know anymore. The lowest price of all time seems to be $0.88, but there may be a lower bottom coming.
It would be more reasonable if WLD sideways around the range of $1-1.3 for about another month and then breaks to go up to $2.5 and $5. But perhaps we need to be mentally prepared for the possibility of prices lower than all-time lows and splitting at any moment.
