WOW Weekly Chart Outlook With Potential Wyckoff Spring.

Intermediate term trend of WOW has been range-bound for a while. What we have seen in the week ending 06/10/2017  was what I would consider a POTENTIAL WYCKOFF SPRING which was followed by a BULLISH PIVOT ( Complex one) two weeks later. This has turned the short term bias to the upside where a test of the  pattern high in the zone of $27.50 is likely in the weeks ahead. Resolution of the trading range, if and when on hand, would then determine the direction of it’s next major move.

I am in the bullish camp with WOW until proven otherwise by the price action, since it’s major trend is up in my book.

No, not a holder of WOW.



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