GWPH Weekly Analysis

6 May 2019

The Bulls are getting trend resumption after testing the EMA and filling the buy climax gap at $150. Prices will likely reach a new all time high soon. There are signs of profit taking around the new all time high (sideways for past 8 weeks). A reversal down soon could become a second entry for the larger wedge reversal. If there is another buy climax prices would form a parabolic wedge reversal and likely correct for two legs sideways to down.