WSM is currently in a multi-week long Ascending Triangle chart pattern, with the consolidated price action also reflecting a Bullish Flag formation.
Both chart formations are impending volatility for a significant breakout of its resistance level at $188.30. The latest closing price of $185.28 is barely 50% of its daily ATR price action away from the immediate resistance.
WSM operates as an omni-channel specialty retailer of various products for home.
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