15 cent resistance

Increasing volumes indicate that there is indeed support for WME at these low sp levels, driven down to artificially low levels by aforementioned possible institutional selling.

Examination of the daily sp chart from the past 12 months indicates a 14-15c resistance level. This observation gains further strength with the small rise seen today from this resistance.

Furthermore the daily stochastic has passed into the oversold region and now risen skywards. WME has a reasonably strong history of running north from here according to the 12 month chart.

IMO WME is a real gem at these levels, with a resource upgrade weeks away and the beginnings of a drilling program in OZ, there is a strong possibility that when this runs, it will run hard. IMO that will be sooner rather than later, there's only so long positive results can be ignored.

DYOR!