WING has just given us a breakout candle above horizontal resistance. We will wait for follow through tomorrow to signal an entry. WING was on my Watchlist and has been bumped to the Breakout section.
20EMA above 40EMA
50MA above 150MA
Multiple tests of Horizontal Resistance
2 Momentum Indicators showing bullish confirmation
Let’s see what happens tomorrow.
Great breakout. Had a break down but held the horizontal resistance area, only to breakout again and move even higher. Classic breakout play, beautiful looking chart.