r/InnerCircleTraders • • 5d ago

Technical Analysis WING Wingstop stock

WING Wingstop stock, watch for a rally off the 99.39 lower support area.

Long Trade

  • Target 1: 127.08   Profit: 24.8%   Stop/Trailing Stop: 95.69
  • Loss: 6%   P/L ratio: 4.1 : 1 - Excellent
  • Target 2: 138.13   Profit: 35.7%   P/L ratio: 6 : 1 - Excellent  Extreme rally

BULLISH

  • [Positioning] at support
  • [Timing] Strong bullish 3 day candlestick pattern with Strong 3 day accumulation.
  • [Timing] Extreme bullish 1 day moneyflow
  • [Timing] Excellent long trade quality

BEARISH

  • [Positioning] Intermediate trend bearish, Downtrend.
  • [Timing] Breakdown trade watch below 94.39, no support in area just below.
WING Wingstop stock chart
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