I just began studying tech analysis, and I was wondering at one point you should enter a long position when you come across a w formation. Specifically, I'm looking at TASR on a daily chart. Should one wait until it passes the 8.60 resistance? or is it best to buy now? By the way, this is for educational purposes only. I'm still a student and am simply preparing myself for a career in trading. Any feedback would be greatly appreciated! Thanks Elite Traders!