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Today we've chosen to take a look at the weekly chart of WMB because it has been traveling within an ascending triangle pattern since June 2005. As you can see from the chart below, the bulls were able to send the latest candlestick above the resistance of $25.50, which many traders would use as confirmation of an expected move higher. We'll maintain a bullish outlook on this stock until the bears respond by pushing the price back below the newly formed support near $25.50.



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