If you take a look at the current news for WENA as well as the fact that many of their CEOs are inside trading is going on what would be your point or entry and exit and is it in an up trend when you take a look at the charts?

Analysis of WENA's Insider Trading and Market Trend:

1. Insider Trading Activity: The recent insider trading for WENA shows a pattern of sales by the CEO and other insiders. This could be interpreted as a lack of confidence in the stock's short-term performance by those with direct knowledge of the company's operations.

2. Technical Analysis:
   • Support and Resistance Levels: The current support level for WENA is at $1.62, and the resistance level is at $2.08. This indicates a narrow trading range, suggesting limited volatility.
   • Moving Averages: The 5-day moving average is $1.71, and the 10-day moving average is $2.11. The stock is trading below the 10-day moving average, which typically indicates a bearish trend.
   • MACD: The MACD is at -0.27, suggesting a bearish momentum as the MACD is below the signal line.
   • RSI: The RSI is at 27.75, which is considered oversold and could indicate a potential reversal if the stock price starts to rise.
   • Bollinger Bands: The Bollinger Band value is $3.87, which is relatively wide, suggesting high volatility in the near term.

3. Market Trend: The stock has experienced a significant decline over the past year, with returns of -83.80% year-to-date (YTD) and -83.43% over the past year. This indicates a bearish trend in the short and medium term.
4. Conclusion and Trading Strategy:
   • Entry Point: Considering the oversold RSI and the current price below the 10-day moving average, an entry point could be considered near the support level of $1.62, especially if there is a bullish reversal pattern or positive news that could trigger a rebound.
   • Exit Point: The exit point should be determined based on the individual's risk tolerance and investment strategy. It could be set at the resistance level of $2.08 or based on a specific profit target or stop-loss order.
   • Trend Assessment: While the stock is currently trading below its 10-day moving average, which is a bearish signal, the RSI suggests a potential for a reversal. However, the overall trend has been bearish, and trading should be done with caution.

In conclusion, WENA's stock is currently in a bearish trend, as indicated by its trading below the 10-day moving average and the overall significant decline in its stock price. However, the oversold RSI could indicate a potential for a short-term reversal. Any trading decision should consider these factors along with the latest news and market conditions.