WSR 12.5% 0.9¢ westar resources limited

WSR Chart Thread, page-284

  1. 10,387 Posts.
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    "The evidence you have given is negative only.."

    so are you saying that even if I been given a chart that is showing some negative sign and I have to say it will go up?
    you should go back and read what I post and I also use other stocks as examples for comparison.
    and talk about MTM, the chart is much better than WSR.
    its trend reversal has confirmed by golden cross, support/base found at CR level, average volume is significantly higher than before, price rise with increasing/higher volume.

    for WSR, I can see there're two pumps, but 2nd one has less volume and both time left long upper wicks that tell you a lot of selling pressure, both time the 2nd candlestick is a black one and closed below mid point of previous white candlestick, EMA is still in bearish layout, recent CR at 3c has not been tested yet, so there're a lot of sign showing it should drop back to 4.3c, unless we get the assay now? but according to the ann. it's 6 weeks away, right?

 
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