WING Wingstop Inc

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.

Screen Shot 2019-03-18 at 8.31.31 PM.png
Screen Shot 2019-10-05 at 6.23.12 PM.png