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giantab
19. Okt. 2015 15:18

WCC approaching breakout Short

WESCO International, Inc.NYSE

Beschreibung

WCC has been in a good downtrend for a while and that's why it caught my eye a few weeks ago.
Price has recently retested half figure 50$ and continues the downtrend. If we see a break and close below previous low, we should expect the downtrend to continue towards next support levels. The first one comes around 30$, which is 2011 low. Plenty of space for the trend to develop.

The only thing that worries me is volume which is rather thin.
Kommentare
NKSTrader
Excellent, thanks Lukasz
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