knows where it heading, page-5

hectobar,
There is nothing magical about charting.
I like to call myself a chartist...but with an eye for the bigger picture.
WHE is in a basing pattern for the last 12 months...This could last for much longer.
An uptrending OBV gives comfort that there is undeniable accumulation & the eventual big move will be up
The longer this base lasts...The further the horse will run on a decisive break above the 10c mark.
I must add that charting is less reliable in speculative names.....Strong hands could easily control it by simply releasing the buy button & gently pressing the sell....Weak hands will do the damage.
I expect this "correction" to be coming to an end...Volumes are not scary enough.