Looks like price retraced to the 200 EMA and is attempting a bounce. With the news in re 2026 deadline, I think we could be on for an SP rise here.
Also relevant, note that the volume throughout the sell off was minimal in comparison to the volume associated with the ramp up to 7c. This has simply cooled off, some small players taking profits, probably after a long time underwater perhaps, or just taking some off the table. The larger of the daily falls was not associated with much volume at all so suspect this was someone just clearing their decks. There is clearly buyer support at 4.5c ish
I think we see money re-enter here in the short term. Might even grab a few more myself.
WRK Price at posting:
5.3¢ Sentiment: Buy Disclosure: Held
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