Prepping to Dive Into Whirpool
I see a relatively low-risk buy setup in Whirlpool (WHR): The stock is currently above both the 50- and 200-day simple moving averages, with a general pattern of higher highs and higher lows. This is a two-step pattern, one of the setups I watch for every day, and the recent low was put in at $104.06 -- directly within a key price-support decision at $103.15 to $104.30.
Let's look at a couple daily charts, to show you what was inside of this trade-setup decision. Then we'll discuss what we can do with it....481 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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