Small Cap IT Services Name Nearing Breakout to Highs
WNS Holdings (WNS) shares coiled tightly and closed strong Friday above monthly value area of 85 and likely breaking out of trendline from the August highs with a first target at 88 and then the all-time highs of 91.48. The $4B IT services name has held up quite in 2022 and already well above the May lows while building a large cup and handle looking pattern on the weekly chart that likely sees 100 into early 2023.