re: anticipated NR Several have shared their thoughts on current WOF share price status, so I will share mine.
For anyone interested or following TA, the (first) attached chart below reflects that with WOF's strong volume .28 close in the last trading session, we have now hit a 100% Fibonacci retracement of WOF's prior bounce (from .28 to .38). In TA, Fibonacci retracement patterns can be potentially helpful to identify reversals on a stock chart. In a 100% retracement, the theory is the complete unraveling of a last up move potentially sets the stage for a thrust in the other direction. The (second) attached chart reflects that, in spite of the current 100% retracement, WOF's 4 year long term uptrend remains intact.
For the above reasons, I am optomistic that our current .28 price range may represent a potential price reversal zone. In other words, if confirmed by other price and volume indicators, I will not be surprised to see WOF share prices rise from here. Thus, I will be a WOF buyer If I can catch some more at .28, or thereabouts. This will make me further long WOF. However, since I am not swing trading this stock but rather holding for the long term, if this Fibonacci strategy fails and share prices dip further, I will consider this buy prudent from a fundamental long term standpoint simply given the recent share price dip, an anticipated favorable NR this week, and favorable financing news later. Good luck and DD to all. Seg.
https://stockcharts.com/h-sc/ui?s=WOF.V&p=D&yr=0&mn=6&dy=0&id=p00529254404&a=288241217
https://stockcharts.com/h-sc/ui?s=WOF.V&p=M&yr=4&mn=0&dy=0&id=p76855958596&a=286837346