WA8 11.8% 6.0¢ warriedar resources limited

Ann: Melbourne Investor Seminar, page-61

  1. 2,016 Posts.
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    Cheers for the tag Joelstar appreciate it. I've been loitering for a little while now watching this one, what great success they're having with the drill bit. Love it when fundamentals start materialising into the chart (or vise versa?). Price failed at long term channel resistance which is also the weekly 50DSMA and monthly 10DSMA but it's building a solid base on the daily breaking through the mean reversion line with volume and back-testing! From the chart it's a decent entry or add more at 0.052 with 0.09c and 0.12c price targets in the short term. I'll be taking a medium term position for my portfolio at these levels in the hope they do a large scale SPR type drill campaign. Surely they're now on the radar of the neighbours.

    Daily
    https://hotcopper.com.au/data/attachments/6200/6200988-98d5d9d37e7bd9b0bc4bb2324e21313a.jpg
    Weekly
    https://hotcopper.com.au/data/attachments/6200/6200934-03f90c7bd05b1c3a43c89dc4ba98eaef.jpg
    Monthly

    https://hotcopper.com.au/data/attachments/6200/6200961-c898656e3de161f80aaf1107281438ca.jpg
    Last edited by BullishBearish: 27/05/24
 
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