SUMMARY
Two things are noticeable right away for Westrock Co. (WRK) weekly chart. The first is the downward bullish wedge that is being paterned out. It'll likely coincide with blue wave 4. Many would have labeled the blue 3 as the 5 but with pattern utility, it allows to be aware of other counts.
The second thing that's quite noticeable is the V-neck reversal. Talk about a scenario where a whale or institutional money just jumped into the kitty pool! The downward wedge is labeled as an abcde sequence and if correct, the final e wave is expected. There should be a turn and that'll start with a breakout from the wedge and the white impulse shows the projected pathway to blue 5.
The MACD looks to need a bit more decline before turning up as shown by the blue arrow. It should support the upcoming impulse aggressively.
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