WA1 1.12% $14.97 wa1 resources ltd

Anyone notice We hit the top of the channel yesterday & just...

  1. 4,272 Posts.
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    Anyone notice We hit the top of the channel yesterday
    & just like previous times it looks like we may pull back from yesterdays high towards $15 over the next
    2–4weeks
    a few predicted this including myself saying history may repeat itself after the next spike to $19—$20 a few weeks ago

    longs won’t care, I’m actually freeing up cash just in case it does go lower, short term traders might be in for a rough few weeks if it does play out

    if it does play out similar to previous times then we can expect a nice rise to mid $20s by late June




    chart pulled from twitter/X
    https://hotcopper.com.au/data/attachments/6141/6141531-2dcd671c14ef24703b2df71a49b9003c.jpg


    Last edited by Elite_Trader: 02/05/24
 
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