This week's trade of the week is WBAI. It has formed a coiling pattern, wedging tighter and tighter, and is beginning to look like it will resolve to the upside. We're looking at the $18.50 area as an entry point as we can see the resistance. Right now about a $1 stop at 17.33 seems like the right spot.
Trigger: $18.50
Stop: $17.33
Target: $22+
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