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RE: WALTON (WTC) Analysis: A Correction approaches quickly and target retrace could be as low as $5.50 or so. Here is my analysis.
I posted in response to your earlier request in comments. It's not yet a cup and handle as the handle needs to still form. Its called rounding bottom and often doesn't become Cup & Handle. It could form a seconf rounding bottom or breakout after the first.
Thank you.