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#WLD WLD Daily K-line Analysis:
In the last week of June, sellers dominated for 9 consecutive days, but most red candles were small—more like profit-taking than panic selling.
The last strong red K-line indicated sellers tried to push the price down, but the subsequent green K-line rebounded strongly. This suggests sellers may have been exhausted by July 2nd. Yesterday's green K-line also confirms this view.
Today is important.
If WLD closes above $0.45, I believe the short-term bullish reversal trend is confirmed. The next range to watch is $0.49 to $0.53.
- If WLD fails to close above $0.45, the key support remains around $0.41.
No one can predict the future. I don't know either. I can only look at the charts and manage risk. Your money, your call!