CheelooTrader

WMG - Weekly flag set up

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BATS:WMG   Warner Music Group Corp.
  • Gap and go past ER indicates strength.
  • 200 EMA backtest, 60 VMA, and MACD signals are all green.
  • Two ways to trade,
    build a position below 33 and set it as a stop loss
    Wait for test of 35/36 and enter on the hold of 33.
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Here's the fib extension view. Nice symmetry around 33.
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