Got out at .125cents today and then realised 1 hour later that volume was very light considering a 20% sell off, got back in after announcment at a higher price, better to be safe than sorry cost me 60k. Now for the technical implications of todays action wmt retested its .175 level and pulled backed forming a strong saucer formation, tomorrow we should break above .175 and close above .20cents on even larger volume, but my fellow traders we dont stop there i think that by friday we should see wmt at .25cents with volume way above 200mill traded before retracing, possibly test .28cents if overshoot occurs.
WMT
western metals limited
