#WLD: Bearish Flag or Potential Reversal? 👀
WLD's downtrend continues with a confirmed bear flag pattern, typically a #bearish continuation signal. Price dipped below the key resistance zone of $5.63 - $6.13. However, the market sentiment shift might trigger a price reversal for $WLD .
Here's what to watch:
Breakout Direction: A breakout above the resistance zone could signal a trend reversal, while a break below could indicate further decline.📉
Volume: Monitor trading volume on the breakout for confirmation of the move's strength.🦾
