#WLD Price: about $0.81
The trend is downward and the price is below the 50 and 200 day moving averages.
• Support is between 0.70 - 0.75, breaking it means the possibility of a drop to
.$ 0.60
Resistance is at $1.30 - $1.40, and if it exceeds it, it could reach 2$
Simply put, the market is hesitant, support 0.70$ is the safety line, and breaking 1.4 $ is the first signal of an upward movement.
The trend is downward and the price is below the 50 and 200 day moving averages.
• Support is between 0.70 - 0.75, breaking it means the possibility of a drop to
.$ 0.60
Resistance is at $1.30 - $1.40, and if it exceeds it, it could reach 2$
Simply put, the market is hesitant, support 0.70$ is the safety line, and breaking 1.4 $ is the first signal of an upward movement.