$WY ready to head higher after breaking a 9 month base?
* Good earnings
* Strong up trend
* High 3-month relative strength of 2 in the Real Estate sector
* U/D ratio of 1.16, meaning it's under accumulation
* Trading with higher than average volume
* Breaking out of a 9 month saucer with handle pattern with a base depth of ~29.39% and a handle depth of ~11%
Trade Idea:
* Now's a great time to enter this stock as it's just breaking out of its 9 month basing pattern
* The price is still very close to the broken level giving you a nice risk to reward ratio
* If you're looking for a better entry you may look for one around the $41.16 area
* Strong up trend
* High 3-month relative strength of 2 in the Real Estate sector
* U/D ratio of 1.16, meaning it's under accumulation
* Trading with higher than average volume
* Breaking out of a 9 month saucer with handle pattern with a base depth of ~29.39% and a handle depth of ~11%
Trade Idea:
* Now's a great time to enter this stock as it's just breaking out of its 9 month basing pattern
* The price is still very close to the broken level giving you a nice risk to reward ratio
* If you're looking for a better entry you may look for one around the $41.16 area