WMG - Up against multi year trendline

• Accumulation above 60 VMA +++
  
• Backtest of the trendline support ++
  
• Holding on the volume shelf +
  
• ER on Nov 16 might break this one or the other. Good R/R here with small stop loss.
  
• ERs have been very volatile with huge swings. I prefer this to breakout and base for next leg up.
  
• No position yet.
  

Сделка активна:

Working as expected. Still needs to close above 34 to trigger the long. I entered a position at 32.40 with the close below 32 as the stop.

Сделка активна:

I got stopped out after last ER, but got in again at 33. Now flagging on daily. Could test 37 soon. Stop loss 33.8 now.