WR1 6.50% 57.5¢ winsome resources limited

WR1 General Discussion, page-31681

  1. 432 Posts.
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    Stocks move according to both Price and Time.

    "Time" can be just as an important influence over a stock as Price action.

    Time vibrations influence stock behaviour and certain Time zones can act as resistance or support, just like Price does.

    A 90 and 144 vibration is very common on stocks. So 90 days or weeks / months or 144 days or weeks / months.

    These time frames can be divided into thirds and half, which can also act as support or resistance.

    So for a 90s daily cycle that would be at 30 days, 60 days and 90 days dividing the 90s cycle into thirds and 45 days dividing it into half.

    They can be exact for the support or resistance or miss by one day or one week (if looking at weekly vibrations) if they are relevant to the stock's behaviour.

    Usually the "Time" vibration begins at a major turning point (either a major High or Low).

    Its relevance can be assessed at the thirds and midway zone to see if any change in market direction occurs at these points.

    Today is exactly 540 days from our all time high, which is 6 x 90 day cycles.

    In addition, ALB (Albermale) last week was at 225 weeks from its major low on 23/03/2020.

    225 weeks is 2.5 x 90s weekly cycles.

    Also PLS last week was exactly 90 weeks down from its all time high.

    So, IF these recent lows hold for ALB, PLS and WR1, then we could be finally seeing a turn in sentiment as "Time" acts as support and therefore a possible "Price" turning point.

    Let's hope so.

    All IMO, not advice, DYOR.
 
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