WLDs price fell mildly in latest intraday trading, while trying to gather positive momentum to rise anew, while also trying to vent off overbought saturation in the Stochastic with negative signals emerging from it, while boosted by a positive technical pattern that formed in the short term, the Falling Wedge pattern, with dynamic support due to trading above the 50-day SMA.

Therefore we expect the price to gain ground as long as it settles above $0.8685159, targeting the important resistance of $1.024622093 as a price target for the Falling Wedge pattern.

Todays price forecast: Bullish