WD-40 (WDFC) long-term chart

I published the long-term chart for WD-40 as an example of identifying the major uptrend and riding the trend. A simple strategy of staying in the trade above the 40-week simple moving average was a simple winning strategy: enter above 40-week sma and exit below 40-week sma. The consumer staples sector was a winning sector over the past 6 years.

Long-term chart for WD-40  showing the major uptrend.

WD-40 Long-Term Chart (2004-2016)

http://investor.wd40company.com/overview/default.aspx

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“Technical Analysis is about probabilities.”

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