Charting 2.0, page-3

Hi all, hope all holders are doing fine.
Unfortunately I do not have allot of good to say on the charts.

Still largely a low volume stock, tightly held, very little supply and demand for the stock.
I've got the TA on this stock wrong more than half the time, and that is largely because this stock is a small cap (Low SP) , reasonably low SOI and tightly held.

I am still hold strong only because of strong fundamentals, solid financials and strong top 40 Holdings (All FA points).
I do not hold because of a the TA on WKT, I repeat again that the TA on WKT is highly highly unpredictable and one is likely to sell out with the numerous sell signals that come up on this. I am fortunate enough to know more about the FA to just sit and wait especially with production at 8 - 12 months away. This is not the type of stock you can flip in weeks, it's more a flip in years.

In saying that the market has not responded well to the last announcement, which I found quite bullish. I still do not believe the market has spoken because of the stock being so illiquid. It is likely nothing will happen till financing has been signed off. I am also of the mindset at this point that a large institution coming on board might actually help the SP big time. All IMO.

1. Positives
   1. Stayed above major support at 0.25C.
   2. Pushed down on low volume, might indicate accumulation of some sort
   3. Neutral wedge forming meaning the SP could go either way.
2. Negatives
   1. Unable to break 0.295C
   2. Double top at 0.0295c
   3. Broken major 15 MA support level which was a crucial dynamic support level.
   4. Next major support at 0.240c, if it breaks it watch out we might see the formation of an inverse head and shoulders formation that might mean some short term pain but long term gain.

If anyone wants to see my TA notes which I am tracking for quite a while now please go to : xhttps://www.bushmaster.co/stock/wkt/

I've also built up an impressive set of Avatars for the WKT Loyal. Consider using one of these and supporting it if you do not have an avatar yet. Avatars can also be found on the same link: https://www.bushmaster.co/stock/wkt/