NWR northwest resources limited

Spicer thanks for noting this one to me.At present; Positives -...

  1. 609 Posts.
    Spicer thanks for noting this one to me.

    At present;

    Positives -

    Seems to have broken the downwards trendline - but we need confirmation though and it will test resistance at 29c. If thats broken it could mean a reasonable upside however resistance is there again at the 200 day EMA.

    Macd crossover - (would have preferred a bit more though)

    RSI is trending up, and a little bit of volume the other day

    Directors purchasing

    Sell depth looks ok (not overly specatacular though) and someone just took 500k worth.


    Negatives -

    Stochastic a little over the top but still looking ok.

    Still in a 5% price envelope (yellow)

    Am watching this one closely.




 
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