Potential key reversal bottom detected for WOR

7 בדצמ׳ 2024

Level of interest: Prior support/resistance levels in the past of $13.32 (17-Oct-2022) and $12.92 (10-Oct-2022) (key support/resistance areas to observe).

Await signals for entry such as DMI/ADX and/or RSI swing to the bullish direction.

Stop loss for the trade involving WOR (and indication that this trade is an absolute 'no-go') is any trade below the low of the signal day of 4th December (i.e.: any trade below $13.16).

15 בדצמ׳ 2024

הפקודה בוטלה

UPDATE (week ending 13-Dec): The 'no-go' zone was hit on 9th December, which nullified the trade potential - trade cancelled, move along.