WBT Rockets, Then Stabilizes — Is $50 the New Support?

$WBT soared from below $35 to a high of $52.74, now consolidating around $47.89. The explosive rally was backed by strong volume (39.84K), and the price remains above all key moving averages — MA(7) at $48.51, MA(20) at $40.52, and MA(50) at $34.63.

Momentum is cooling, but the trend remains bullish. If WBT holds above the 7-day MA, a retest of $50+ is likely. A drop below $47 could trigger short-term profit-taking, but long-term structure stays strong. Watch for volume confirmation on the next move.

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