Price is in an uptrend making higher trough and peaks on the weekly chart and is possibly on Elliott Wave 5 which, if correct, suggests price will go back above the previous $38 high. Price rose to resistance at $29.41 at the end of August before retracing back to $26 and then moving up again. A break and close above the $29.40 resistance will suggest a short-term target of $33.25

WTC 16Oct2020

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Robert Norman

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Email: robert@sharecharting.com.au

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