The technical summary data is suggesting a short of WKHS if it tests 1.07 with a downside target of n/a. Short WKHS slightly near 1.07, target n/a, Stop Loss 1.07.Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan. In this case, 1.07, initial resistance, would be breaking higher, so a buy signal would exist. 1.07 is the first level of resistance above 1.01, and by rule, any break above resistance is a buy signal. The data also tells us to set a stop loss 1.07 in case the stock turns against the trade. If 1.07 begins to break higher, the technical summary data tells us to buy WKHS just slightly over 1.07, with an upside target of 1.48.
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