Wisetech has been failing to breakthrough resistance for the past 2 months, forming a downtrend on the RSI.
A break above the pocket of resistance at $23.85 would see Wisetech retest its ATH and most likely break it higher.
A break below the local dotted uptrend line should see Wisetech retest it's major uptrend line around $20.
A break above the pocket of resistance at $23.85 would see Wisetech retest its ATH and most likely break it higher.
A break below the local dotted uptrend line should see Wisetech retest it's major uptrend line around $20.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.