A base may be building here after quite some sell off in 1997/98. The building of the base here between $4.70 and $4.10 is called accumulation. It does appear that someone considers WYL worth somewhere in this range for a long term hold. And this is not a bad trading range either for shorter term traders. Observe how former support levels is now resistance.

Any move by WYL through $4.80 signals a rise to $5.40. (The rectangle between 480 and 420, 60 cents, added to 480 if 480 is exceeded) For this to occur I'd like to see another higher bottom in place at $4.30 or so. Cursor highlighted.