WC8 10.9% 25.5¢ wildcat resources limited

Early signs of lithium bounce overseas, page-91

  1. 1,639 Posts.
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    Dear Spatch01

    i would like to draw your attention to the share price and the moving average line.

    note the difference in distance/space between the 2 … when the stock peaked over $34 before diving … and the distance now $12-$14 where it may rally hard

    it indicates to me that stock looks short term crazy oversold .. but you still don’t want to catch a falling knife’

    once it’s found a stabilisation point (usually volume spikes) it may be the entry point (protected with a stop loss)

    I hope that makes sense

    https://hotcopper.com.au/data/attachments/5946/5946903-288a5340a96ccfcdda88f27986c30195.jpg
 
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