WEL is focused on the road and water sectors. While the Company’s main focus is on Hybrid Annuity Model (HAM) projects as a developer, it also takes up value accretive projects in the BOT-Toll and EPC space.
Ascending Triangle Breakout Setup
🔹 RSI near 60 and rising: Momentum is building.
🔹 Trading above EMA50: Price action is staying strong above key support, showing sustained bullish interest.
🔹 Volume Picking Up: Breakouts need confirmation — and rising volume could be the fuel this move needs.
⚡ This confluence of signals suggests a high-probability breakout. Keep it on your radar for potential entry post-confirmation!
Disc: for study, not a recommendation DYOR
Ascending Triangle Breakout Setup
🔹 RSI near 60 and rising: Momentum is building.
🔹 Trading above EMA50: Price action is staying strong above key support, showing sustained bullish interest.
🔹 Volume Picking Up: Breakouts need confirmation — and rising volume could be the fuel this move needs.
⚡ This confluence of signals suggests a high-probability breakout. Keep it on your radar for potential entry post-confirmation!
Disc: for study, not a recommendation DYOR
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.