WMT western metals limited

mickqld, page-71

  1. 2,541 Posts.
    Weekly charts dominate daily charts. This is probaly a relief rally (there had to be one), and then it will retreat. Don't pay attention to daily candles on this stock. It will peak at 21c or perhaps 25c. The drivers read my posts, so they won't allow the turndown to be too predictable.

    If it really is a change of trend it will retreat back to 17-18c area and then take off again. If you're game, buy back in then.

    In any event, it would be a brave soul going long on anything today except maybe PNA. Expect the XJO to get back to 6,200 over the next four to five trading days.
 
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