GW1 11.3% 5.9¢ greenwing resources ltd

Chart_TA, page-224

  1. 2,426 Posts.
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    another strong volume trading day (30 million) , churning - accumulation day with a slight healthy pullback which will provide the necessary support for the next big leg of the stock price (with next news release ?). Strong support at 2c-2.1c and resistance at 2.3c-2.4c. If volume continues with next imminent news we could easily break these barriers. The least thing long term investors would want is brutal sudden price appreciation without prior strong volume for many trading days supporting the movement. Slow and Steady wins the race. The chart looks just perfect for long term sustainable share price appreciation. Good luck to all.
    Last edited by DoctorFouad: 09/11/17
 
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