WFT has been in a steady decline since reaching its ATH in June of this year.
It appears as if it will decline much further after coming out of a bear flag to the downside in it's current channel.
Meeting a line of support at $44.91 while hovering above the .618 Fib retracement gives us a good idea of where this might start heading to the top of the channel and possibly start to reverse the trend.
It appears as if it will decline much further after coming out of a bear flag to the downside in it's current channel.
Meeting a line of support at $44.91 while hovering above the .618 Fib retracement gives us a good idea of where this might start heading to the top of the channel and possibly start to reverse the trend.