WME west australian metals ltd

breakout

  1. 209 Posts.
    Today's volume was about equal tie for the second highest volume in 2 years, and with no announcement. RSI turning up nicely above 60. Bollinger bands widening. MACD crossing over 200 day average. Big bites, including one that single-handedly removed the last layer of the big wall that has knocked WME back repeatably at 24-26cents.
    I held this stock for several months, convinced it had good unrecognised potential in a hot region, with historically recorded u resources(pre JORC), and with a good uranium geologist running the company. Like a lot of other posters on this thread, I believe it was held in check by a manipulator. But now it's loose, and with a lot of pent up energy.
    I bought back in yesterday after the volume increase at high prices, and when I saw almost no sellers left on the options, I was lucky enough to buy more oppies 10 minutes before the last big chomp on the shares took out the wall this afternoon.
    Check out the option sellers at the closing bid. Three offering to sell 138,000. Sellers have been squeezed for months. They're gone. This is ready to set a new high price.


 
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