WTRH's Upside Looks Tremendous However, Support Not Settled

The waves never lie, though sometimes we read them wrong.
(at most, wave 1 could see the boxed area before capsizing).

تعليق:

As most times when a diagonal wave fails, it turns in a flat correction. It seems that the same here manifested for WTRH. Considering the possibility that we're in wave (c) within Wave 2, upside is likely nearby. Should the Wave 1 formation hold and no lower low is established, I'll remain bullish on this stock.