Post by
Dogsbreakfast4U on May 24, 2022 10:48am
Pattern
Until WCP breaks out up or down the stock is controlled by day traders. This is obvious from the daily trading pattern we have seen the last few weeks.
Comment by
traderbri on May 24, 2022 11:45am
You're exactly right about the pattern that has been established for quite some time. Push it up in the morning for half an hour and then let it drop 50% or more over the rest of the day. Sometimes, another push close to the highs then a pullback again. I've been tempted to day trade it but with my luck I'd be out of it when it breaks out to the upside. Cheers
Comment by
churchofnutsacc on May 24, 2022 1:25pm
It's like owning Enbridge but only getting half the dividend yield.