Watsco ( WSO) is a distributor of air conditioning, heating and refrigeration equipment (HVAC). Let's check out the charts and indicators.
In this daily bar chart of WSO, below, I can see that prices began an uptrend in early January. Prices now trade above the rising 50-day moving average line and above the rising 200-day line.
The On-Balance-Volume (OBV) line shows a rise from December telling me that buyers of WSO have been more aggressive. The Moving Average Convergence Divergence (MACD) oscillator is bullish but correcting. 
In this weekly Japanese candlestick chart of WSO, below, I see a bullish chart picture. Prices broke out to new highs in April. Prices trade above the rising 40 weeks moving average line. The weekly OBV line is strong and bullish and so is the MACD oscillator.
In this daily Point and Figure chart of WSO, below, I can see a potential downside price target in the $313 area. A trade at $352 could start to turn this chart bullish.
In this weekly Point and Figure chart of WSO, below, I can see a chart very similar to the daily chart above.
Bottom line strategy: The Point and Figure charts of WSO are currently bearish but that could change in a few days. I would prefer to operate from the long side.
