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Small Cap IT Services Name Nearing Breakout to Highs

by | Nov 20, 2022

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.

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