short term trading starting the 6th, page-127

WFE ... It spiked this morning due to the wider market suddenly becoming aware of story and relative value to its nearest peer. It has run hard and will I expect it will retrace (maybe fill the gap) but should reverse around the 50% retrace level before Rallying again... the stock has recently had a farmin at 100% of the prevailing price by the chinese. So you would think the start line is at 20c (raise price) we are not at the start line yet...

I also note many Daytraders seem to be buying a LT parcel and a ST parcels in this stock (which is unusual for them but a postive sign) so expect healthy retraces and strong rallies...


So Rally not done yet..retrace in play right now bulls resting...expect another Rally once retrace is complete still has a long way to run IMHO could play out over weeks...


All Is IMHO DYOR to confirm...