WA1 3.43% $13.50 wa1 resources ltd

wa1 Chart, page-2379

  1. 6,868 Posts.
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    It was obvious that we were going to have a retrace just like all stocks do.
    The MACD blue line crossed the red line from above and that signalled some downward weakness.
    Current RSI is at around 33, so we are heading to oversold territory.

    This might have another week or so to play out. Either way, I can't see it going a lot lower.


    https://hotcopper.com.au/data/attachments/6242/6242130-806ec37eda7545de8d9ae911bce73638.jpg
 
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