WC8 8.06% 28.5¢ wildcat resources limited

Chart, page-5

  1. 4,547 Posts.
    lightbulb Created with Sketch. 3837
    Good to see you here mate, after a while we posting on same stock.

    Thanks for the chart. I am not great in charting but understand and follow it diligently. So when your post came, a lot of trading was happening around the number you had mentioned 45 - I was watching intently what's going to happen next.

    I had been trading this earlier few times. But have started adding now to play at least a medium term, subject to announcement and price action not collapsing. I started adding couple of weeks back for this phase, had earlier exited in high 40s. But this time playing it a bit bravely. As I mentioned last week, when it went down on announcement towards mid 30s, I kept adding.

    The one reason I am playing this, with a slight positive intent, is because of price action. I follow price action a lot, besides fundamentals and charts. Don't know, but feel something is going on. The dark side would be that some big traders setting us up for a rug pull. But somehow trading has been stronger than that, as if some are accumulating - I could be completely wrong, its just a gut feel at this stage.

    So we finished at 46 - above your number 45. Is that good and gets over the hump, or statistically its in the same range so we need to see a follow up?
 
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(20min delay)
Last
28.5¢
Change
-0.025(8.06%)
Mkt cap ! $343.8M
Open High Low Value Volume
30.0¢ 30.0¢ 28.0¢ $691.0K 2.392M

Buyers (Bids)

No. Vol. Price($)
1 93098 28.5¢
 

Sellers (Offers)

Price($) Vol. No.
29.0¢ 65875 5
View Market Depth
Last trade - 16.10pm 23/08/2024 (20 minute delay) ?
WC8 (ASX) Chart
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