Charts - WR1, page-75

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Kaeho

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15/02/23

12:29

Post #: 66260493
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Originally posted by Petemate: ↑

View attachment 5062717
On the logarithmic scale looks like we could see an Elliot wave happening.
Wave 2 being quick and sharp
With potential wave 4 what we could be in now as shallow and more drawn-out which coincides well with the spp process.
We could see a test of the 50ema around $1.80ish
Which would be a 30% drop from ath which is what I expected if you refer to my last post on wr1 charts on the draw downs on the pmet chart ranging from 30 to 40% always coming back to the ema's.
After the spp is completed we could see wave 5 top out over $3.40

As for the who's got better results pmet vs wr1 imo pmet are insane and wr1 outstanding both well above average this isn't a contest both are going to be mined and make billions.
All wr1 needs is consistent hits above 30m and 1.2% and that's exactly what we're getting and continue to get with such an aggressive drill program all you have to do is wait for a jorc.

Pmet Lake issues yeah abit longer for environmental approvals and slightly higher upfront cost but I the bigger picture this is a drop in the lake to the shear size, grade and cash they will make the long term I don't see this a big issue every project has some cons.

It would be silly not to expected extreme volatility in a stock like this
Gltah cheers

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I have the same channel.

Like the previous dip….the support line is around 0.5 fib level.

WR1 Price at posting: $1.90 Sentiment: Buy Disclosure: Held
9 Upvote

3 Great analysis

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(20min delay)
Last 49.5¢		Change -0.005(1.00%)		Mkt cap ! $107.0M

Open	High	Low	Value	Volume
49.0¢	49.5¢	47.0¢	$231.8K	480.5K

Buyers (Bids)

No.	Vol.	Price($)
1	9450	48.5¢

Sellers (Offers)

Price($)	Vol.	No.
49.5¢	19999	1

View Market Depth

No.	Vol.	Price($)
1	9450	0.485
2	18333	0.480
2	21000	0.470
6	72910	0.465
3	15078	0.460

Price($)	Vol.	No.
0.495	19999	1
0.500	8666	2
0.510	23101	2
0.515	10000	1
0.520	23672	2

Last trade - 16.10pm 04/09/2024 (20 minute delay)

WR1 (ASX) Chart

Charts - WR1, page-75

Boss Energy ramps up as industrial-scale plant build continues; FY25 guidance of 850Klb intact

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Charts - WR1, page-75

Top Stories

Boss Energy ramps up as industrial-scale plant build continues; FY25 guidance of 850Klb intact

GDP grows 0.2% in June quarter, but annual growth the slowest since the 1990s

SKS secures $20M for extension works on Melbourne data centre

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Featured News