Terrible daily chart here, shorts are smashing WSA and making a fortune right now.
A 7c body red lower bar on daily lows no wicks and no tails, meaning may go even lower as the support has got out of the way toward that support ledge at 2.45-2.55 I have been harping on about
Support levels are - 2.55 2.45 2.00
The mountain peak has formed on the annual chart and looking terrible. It has to find its buying suppport and the low volume means buyers have decamped and got out the way of the shorters.
Wait for the support and volume to increase, should be around 245-255, dont catch the falling knife here,
just wait, we may see 2.00-2.50 soon. The shorts are burning holders badly so avoid the pain & wait.
smashing, page-18
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