WDR 0.00% 14.5¢ western desert resources limited

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  1. 475 Posts.
    chart hasnt looked too exciting for a while but maybe signs of possible upward movement are starting to show -

    - the sp has found support at 30 week ema after dropping thru previous support around 50c
    - the daily stochastic showing positive sign starting to move out of oversold territory
    - the macd looking to turn soon?
    - volume has been falling since mid jan (not surprisingly) & probably wont pickup until news is imminent

    outlook - provided the sky doesnt fall in the not to distant future i doubt low 40's will be available for much longer, with news in coming months from rover & recommencement of activities at roper

    IMHO


 
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