STTCOMP WA8 TA LONGBeen waiting for a good day to tip this, but...

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    STTCOMP WA8 TA LONG

    Been waiting for a good day to tip this, but realising its better late than never. Giving me insane LRV vibes right now, and I was one of the people who got into LRVO early (when it was $50M MC) but sold too soon. Not making the same mistake again

    WA8 Daily chart
    https://hotcopper.com.au/data/attachments/7000/7000421-fee8256063bdffeae1efc65c6d9a4a9b.jpg

    Daily notes - 65/200 ema golden cross, banger consolidation from 10-11c, with rising support from these levels. Once 11.5 is breached could see a big move. Chartwise, no gaps from its run up, which is beautiful to see. Often with these risers you have a gap but there has been none since low 5s which is not only a sign of strength but suggests that buying has been genuine. Rising volume with the 9ema reaching that 10c area is crucial here to see if it backtests 10c or breaks resistance at 11.5.



 
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