WMT western metals limited

3 month chatrs

  1. 57 Posts.
    Interesting doing the 3 month charts. They indicate that WMT has peaked for the moment and likely to fall back to a resistence level around 14 cents, before commencing an even higher upward run,which may indicate another good buying opportunity.
    3 MONTH TREND
    WESTERN METALS LIMITED has broken the very wide and strong rising short term trend up and even stronger raising rate are indicated. On reaction back there will be support on the roof on the current trend broken, which is AUD 0.14, a level that may pose a second chance to hit a runner. According to fan-theory AUD 0.19 will be next possible trendtop level and thereby pose a resistance level which may not be broken on first attempt.
 
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Currently unlisted public company.

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