Woof, $WIF is taking a hit today.
That's a pretty sharp move down, breaking below what looked like some decent support in the $0.74-$0.75 range.
Volume is picking up on this move, which confirms the selling pressure.
We're now down around $0.70, testing fresh lows for this recent move.
If this level doesn't hold, we could easily see a push towards $0.65 or even lower.
Bears are clearly in control here, so I'm staying cautious. No reason to catch a falling knife right now.
