Today's move and push down was nothing but overall market sentiment. Marker needs 100s reasons to buy but only one to sell down. US was down, ASX200 and Japan openned lower and tried to bounce back until chinese market opened and once saw sell down on asia ASX puffed out too and sell down begin in many stocks. Shorters and manipulators love such days. However, as Nickel staying strong and if US holds well tonight, watch for big gap up on WSA, as its been sold down from recent resistance 2.55 and came back to test 10/20 period MA on weekly.
Remember; no matter how good the stock and its industry, once overall market sentiment down no one can stop it to sell down and up no one can stop it to move up.
If US holds well, technically WSA should bounce well.
All IMO.
WSA Price at posting:
$2.21 Sentiment: Hold Disclosure: Held
