Short WFT Contingent Confirmation

2 thg 12, 2015

WFT is forming a rising wedge continuation pattern at a 45 degree incline. This is not aggressive however accumulation appears thin against relative strength. If price breaks below $10.50 look for volume confirmation to sell short. $9.75 downside target. We geometrically estimate that traders should set a maximum $11.25 stop to avoid unexpected strength.

Good luck to all.