the why sell now thread?, page-27

Mikey
I do like your risk attitude towards sell / buy accumulation but I would be surprised if you can get back in much below 0.06c. That also depends a lot on the international basket cases where blessed with at the moment.

In saying that I'm still believe there is more bullish signs than bearish ones at the moment For WHL -

Hear are some bullish assessments - not worked out by me

BULLISH SIGNALS:
The price soared 12.5% in the last week and 37.0% in the
last month.
This has been propped up by firm volume of 1.9 times
average for the week and was on volume of 1.1 times
average for month.
Compared with the All Ordinaries index which rose 0.2%
for the week and 5.6% for the month, this represented a
relative price increase of 12.3% for the week and 31.4% for
the month.
In the Australian market of 1,123 stocks and 52 units
traded today, the stock has a 6-month relative strength of 99
which means it is beating 99% of the market.
The price to 50-day EMAP ratio is 1.3, a bullish indicator. In
the past 50 days this ratio has exceeded 1.3 ten times
suggesting further upside. The 50-day EMAP has increased
to 4.84c. An increase is another bullish indicator.
The Moving Average Convergence Divergence (MACD)
indicator of 12-day Exponential Moving Average (EMA)
minus the 26-day EMA is positive suggesting a bullish signal.
Both the 12-day EMA as well as the 26-day EMA are rising,
another bullish signal.
In the last three months the stock has hit a new 52-week
high five times, pointing to an uptrend.
The price to 200-day MAP ratio is 1.71, a bullish indicator.
In the past 200 days this ratio has exceeded 1.71 five times
suggesting further upside. The stock is trading above both
its MAPs and the 50-day MAP of 4.85c is higher than the
200-day MAP of 3.69c, another bullish indicator.

I hope it all makes sense?

I never rely to heavily on stats just good old fundamentals are my go but there seems to be a fair bit of upside in the assessment.

Cheers
Scobie