WME west australian metals ltd

where do we see this one?, page-4

  1. 8,897 Posts.
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    HY22, i thought i would post some charts on WME here as you were asking for some over on the daytraders thread.

    I like this stock and this sector, got in last week at the same levels as present. Imo could go much higher.

    As someone else correctly pointed out there looks to be some support at .145c which is encouraging.

    Volume has dropped off a bit but still higher than previous periods.

    If it can get through either of those two trend lines, which are both long term (flurted with both of them last week) then I think it could really have a run in the short term. Just needs a green candle close above resistance.

    Medium term, fundamentally(indicated by Poly) it looks promising.

    For another chartists point of view check out last weekends "weekend charting" thread. I asked Robbbbb to do a chart and he has expressed his thoughts on it as well.

    6 month daily chart below :





    The monthly stochastic indicator is what caught my eye and made me take a position. It looks in a good zone and to be on the way up imo (see below)


 
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