Technical picture after the earnings blowâout
Since the Q2â2025 earnings release, WILC has forged a clean ascendingâtriangle on the daily chart: each daily low has risen steadily (forming higher lows) while the high has been capped around the $6.30â$6.45âŻrange. The earningsâdriven rally pushed the price through that ceiling on heavy volume, producing a classic breakoutâandârise candle that now sits above the triangleâs apex. On the 4âhour chart the breakout has already formed a shortâterm bullish flag (a narrow, upwardâsloping channel that began the day after the earnings spike). Both patterns are textbook bullish continuation signals.
Trading implications
- Entry: Consider a breakoutâlong at the first close above the triangle resistance (~$6.48) with a minimum 1âday volume increase of 30â40âŻ% over the prior average.
- Stopâloss: Place just below the most recent swing low (~$6.12) or beneath the flagâs lower trend line (~$6.30) to protect against a false break.
- Target: The measuredâmove from the triangleâs base (~$5.80) to the breakout point (~$6.48) gives a ~0.68âŻĂâŻ2â1.36âŻ% rise; a realistic first target is around $7.00â$7.10. A second target can be set near the prior highâvolume resistance at $7.40â$7.60 (the next historical swingâhigh).
Fundamentally, the recordâhigh revenue, operating profit and netâincome numbers underpin a strong buying narrative, so the technical breakout is supported by robust earnings momentum. However, keep an eye on the next earningsâpreview week; a failure to hold above the breakout level would invalidate the pattern and could trigger a shortâterm pullâback. Use tight risk controls and consider scaling in as the breakout confirms on subsequent candles.