*Believe that WRN has hit a price reversal zone, after a drop to fib. ret of 0.786 on chart. Will be confirming to go long for rest of year, with a possible pay off on every $100 for rest of year of $70 profit, price action hits 1.70 in future. %70 profit on every dollar is not a back RATE OF RETURN. If interested, do your own homework on this or any other possible investment choices. *Note, only issue is liquidity or of trading per day of 100,000, but may still work.
Note, 20 MA is a great confirming to be aware of on longer time frames. You could wait for price action to close at or above that blue line on WRN , to start a trade (if you are conservative trader). Only thing you trade, is initial move up out of a .