WOW longer term

Monthly chart for WOW shows the recent bottoming action marked a 50% retracement rather accurately. The move up from the low has also printed some very high volume numbers (shown on the weekly chart), indicative of a breakout.

The daily chart is also notable for the following:

1. Price action around the lows shows fast up-moves followed by slow down-moves.
2. Current decline bottomed at approximately 62% retracement and 13 trading days down.

The chart below shows a similar setup in the DOW/SP500 at the 2002 lows.

The recent losses incurred by WOW have brought sentiment down, as was also proven by the fact that when the losses were announced 'publicly' the share price jumped by about 5%!

So the setup for WOW is about as bullish as I can think of with the exception of perhaps one more drive down for a monthly divergent low.