wst REACHED FIB. LEVEL 1.618 FROM MARCH LOWS SO TAKE PROFITS
IF YOU ARE LONG ON WST ITS A GOOD IDEA TO PUT A TRAILING STOP LOSS JUST A BIT BELOW THIS LEVEL OR TAKE PROFITS IF YOU WENT LONG AT THE MARCH LOWES OR AT THE PREVIOUS TOP EARLYER THIS YEAR AND YOU ARE STILL IN PROFIT NOW. IT ALSO BREAK OUT THE UPPER TRENDING CHANNEL SHOWN!
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If you were not stoped loss and still long watch as you go zigzaging in the steap and narrow up-trending parallel channel. Again follow with a trailing stop just below the price action for more upside.
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Obviously the price droped today.So if you got stoped out then you should wait for price to drop to the bottom of the channel.
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There is stil a chance to take profits now at fibonacci 1.6 retrACEMENT LEVEL SHOWN.TAKE THE MONEY AND RUN TO GREENER PASTURES! I.E. STOCKS THAT STILL AT THE LOWS AND HAVE UPSIDE POTENTIAL AND ARE JUST BRAKING OUT! AIRLINES casinos cruses...