WAF 0.70% $1.43 west african resources limited

I think if WAF can get past 77 cents it should be clear sailing...

  1. 2,806 Posts.
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    I think if WAF can get past 77 cents it should be clear sailing from there. I noticed a sell off attempt at 72.50 cents which failed and currently there is a sell off attempt from the 76-77 range. If WAF can get clear these two sell off attempts then it's up from here. I saw that aggressive sell down from 94 cents, then another aggressive sell down from 85 cents after lot of back and forth from 76 cents, then fell to 70 cents then rebounded strongly back to 77 cents then went all the way down to 66 cents. I believe WAF is going to move up after it gets out of the 70's and not look back, yes waf has political problems but the last week or two gold stocks have been going up and if investors warm to gold again they will warm to waf too as waf is unhedged and a cheap producer.

 
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