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Pocket Pivot appears for WTI after 2.92% move

W&T Offshore, Inc. (WTI) — Daily Technical Analysis & Swing Trading Signals · Aug 6, 2026, 17:47 ET
On Thursday, August 6th, WTI moved up 2.92% while volume surged to 2.1× the usual levels. The unusually high volume suggests institutional participation in today's move. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 3.25, 3.15 & 3.04, with resistance at 3.46, 3.57 & 3.67.

Current SwingTradeBot Technical Rating of WTI: C

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W&T Offshore, Inc. (WTI)