$WLD
WLD has successfully broken out of its descending channel and is currently in a retesting phase, setting the stage for further upward momentum.
Previously, WLD broke through the demand zone, establishing a new lower low. However, it has managed to reclaim this area and is now showing signs of breaking the descending channel, backed by significant volume. This suggests a bullish outlook for WLD.
While the first attempt at a bullish setup didn't pan out, there's renewed hope that WLD will recover and continue its upward trajectory.
Be cautious, though: this bullish scenario would be invalid