What technical chart patterns are emerging for WILC after the earnings announcement? | WILC (Aug 12, 2025) | Candlesense

What technical chart patterns are emerging for WILC after the earnings announcement?

Technical picture after the earnings blow‑out

Since the Q2‑2025 earnings release, WILC has forged a clean ascending‑triangle on the daily chart: each daily low has risen steadily (forming higher lows) while the high has been capped around the $6.30‑$6.45 range. The earnings‑driven rally pushed the price through that ceiling on heavy volume, producing a classic breakout‑and‑rise candle that now sits above the triangle’s apex. On the 4‑hour chart the breakout has already formed a short‑term bullish flag (a narrow, upward‑sloping channel that began the day after the earnings spike). Both patterns are textbook bullish continuation signals.

Trading implications

  • Entry: Consider a breakout‑long at the first close above the triangle resistance (~$6.48) with a minimum 1‑day volume increase of 30‑40 % over the prior average.
  • Stop‑loss: Place just below the most recent swing low (~$6.12) or beneath the flag’s lower trend line (~$6.30) to protect against a false break.
  • Target: The measured‑move from the triangle’s base (~$5.80) to the breakout point (~$6.48) gives a ~0.68 × 2≈1.36 % rise; a realistic first target is around $7.00–$7.10. A second target can be set near the prior high‑volume resistance at $7.40‑$7.60 (the next historical swing‑high).

Fundamentally, the record‑high revenue, operating profit and net‑income numbers underpin a strong buying narrative, so the technical breakout is supported by robust earnings momentum. However, keep an eye on the next earnings‑preview week; a failure to hold above the breakout level would invalidate the pattern and could trigger a short‑term pull‑back. Use tight risk controls and consider scaling in as the breakout confirms on subsequent candles.