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The chart is shot on this one, people. It was pretty obvious when the market rallied yesterday, but WRB's gain was minimal. Major selling into the close.
MACD is in big downtrend, CMF is negative, its way below the Ichi clouds, DMI is negative and pulling farther apart, etc. It had support around the 21.75 area, but lost that pretty easily today... I look for WRB to retest the 19 dollar range.You may get some support above that (around 19.50), but we will see... http://www.finviz.com/quote.ashx?t=wrb Sentiment : Strong Sell Rating :
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