WC8 1.03% 49.0¢ wildcat resources limited

Chart, page-5

  1. 4,138 Posts.
    lightbulb Created with Sketch. 3590
    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
49.0¢
Change
0.005(1.03%)
Mkt cap ! $591.2M
Open High Low Value Volume
47.5¢ 49.8¢ 47.0¢ $1.363M 2.780M

Buyers (Bids)

No. Vol. Price($)
4 88218 48.5¢
 

Sellers (Offers)

Price($) Vol. No.
49.5¢ 31806 1
View Market Depth
Last trade - 16.10pm 06/05/2024 (20 minute delay) ?
Last
49.0¢
  Change
0.005 ( 2.08 %)
Open High Low Volume
47.5¢ 49.5¢ 47.5¢ 645909
Last updated 15.59pm 06/05/2024 ?
WC8 (ASX) Chart
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