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27.5¢ wildcat resources limited

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misstrump

1,053 Posts.

131

12/09/23

10:07

Post #: 69821946
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Originally posted by SWILTD: ↑

Has been honouring the 20 SMA over the last 12 months, but now looks like the SP wants to ( hopefully) kiss the 12 month 50 EMA, which is around the 25-26 point, as mentioned prior.

If it doesn't play ball at the 50, then we look at the 20 SMA again, which is 22's.- 23..

It really needs to hit the 50 and rebound, or the next leg up might just fake into a reversal of the trend again, which does seem unlikely.

At PRESENT, we're looking at a new impulse upwards, if the 50 is honoured, which often means that there is quite the strength into the next leg.

So, right now the current price action is at a literal inflection point, but going on the general U-mania and willingness to buy, it does seem to favour a new kick up, ( I bloody hope so anyway) which adds to some of the excitement.

The big, red candles though, are a definite warning that something is worrying the market right now, so don't fall in love with a stock, and always protect your capital.

Expand

have a look at the DLI announcement this morning, Chris Ellison now comes on the board of DLI,

hang on to your shares WC8 shareholders this is just getting started.

WC8 Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 27.5¢		Change -0.010(3.51%)		Mkt cap ! $331.8M

Open	High	Low	Value	Volume
28.5¢	28.5¢	27.0¢	$413.1K	1.495M

Buyers (Bids)

No.	Vol.	Price($)
8	210338	27.0¢

Sellers (Offers)

Price($)	Vol.	No.
27.5¢	94965	18

View Market Depth

No.	Vol.	Price($)
9	216347	0.270
15	217991	0.265
14	336926	0.260
5	69172	0.255
12	287850	0.250

Price($)	Vol.	No.
0.275	61596	12
0.280	104415	15
0.285	184128	11
0.290	145097	10
0.295	70171	8

Last trade - 14.14pm 19/08/2024 (20 minute delay)

WC8 (ASX) Chart