WA1 2.70% $15.13 wa1 resources ltd

Hi Inthegame, My charts have been a study of price rather than...

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    Hi Inthegame, My charts have been a study of price rather than time, so I don't have a timeline for a target but I rather fancy we are at the bottom here looking at the rising support line on the chart below. As for the price target, yes, there is a case to be made for 37 bucks near term but I think we might stop just below 30 bucks on the next push (circa $29.90). Using 29.90 or thereabouts as a target gives us a chart that is a thing of beauty with all those neat touches of fib lines along the way. As always, I have used the day before discovery as the zero point.

    https://hotcopper.com.au/data/attachments/6329/6329682-189481b286699dfbaf1183e7dc29af52.jpg

    Last edited by NineLives: Today, 08:14
 
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