A saying that often works among technical analysts is: "Buy at support levels and sell at resistance levels."
It’s scary to buy at support because the price has been dropping, and psychologically it feels like it will continue to do so.
On the other hand, many traders are not afraid to buy after a rise at resistance for the opposite reason, yet it often falls right after hitting the resistance.
WIF's price is right at the support level on its daily chart. For the brave.
