WSA western areas limited
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retrace

  1. bvt617
    161 Posts.
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    16/02/12
    15:17
    Post #: 9704317
    Looking to take a small position for the first time. Stock had a stella run from low $4's to $5.85 but has retraced 10% in just a few days. Would this be mere profit taking or can someone offer any other explanation or expectations on SP in the run up to ex-div date (8/3). Seems to be some support around $5.20 ATM.
    WSA Price at posting: $5.24 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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