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26.8¢ wildcat resources limited

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misstrump

1,049 Posts.

130

12/09/23

10:07

Post #: 69821946
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Originally posted by SWILTD: ↑

Has been honouring the 20 SMA over the last 12 months, but now looks like the SP wants to ( hopefully) kiss the 12 month 50 EMA, which is around the 25-26 point, as mentioned prior.

If it doesn't play ball at the 50, then we look at the 20 SMA again, which is 22's.- 23..

It really needs to hit the 50 and rebound, or the next leg up might just fake into a reversal of the trend again, which does seem unlikely.

At PRESENT, we're looking at a new impulse upwards, if the 50 is honoured, which often means that there is quite the strength into the next leg.

So, right now the current price action is at a literal inflection point, but going on the general U-mania and willingness to buy, it does seem to favour a new kick up, ( I bloody hope so anyway) which adds to some of the excitement.

The big, red candles though, are a definite warning that something is worrying the market right now, so don't fall in love with a stock, and always protect your capital.

Expand

have a look at the DLI announcement this morning, Chris Ellison now comes on the board of DLI,

hang on to your shares WC8 shareholders this is just getting started.

WC8 Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 26.8¢		Change 0.003(0.94%)		Mkt cap ! $325.7M

Open	High	Low	Value	Volume
27.0¢	27.5¢	26.0¢	$1.231M	4.642M

Buyers (Bids)

No.	Vol.	Price($)
16	880427	26.5¢

Sellers (Offers)

Price($)	Vol.	No.
27.0¢	372009	20

View Market Depth

No.	Vol.	Price($)
15	525420	0.265
15	633274	0.260
10	1197339	0.255
19	441288	0.250
7	161535	0.245

Price($)	Vol.	No.
0.270	371931	18
0.275	86351	9
0.280	148123	9
0.285	202877	8
0.290	165364	7

Last trade - 15.53pm 19/07/2024 (20 minute delay)

WC8 (ASX) Chart