The other thread was going a bit weird (formatting wise) so I'm starting this new thread. Even though WAF was sold down on Friday, it's consolidating above $1 which could form a great support level for the next move higher (above all time highs and beyond).
The 4 hourly chart of spot gold below shows the price was sold down to around 1882 on Friday but strong buying came in and gold finished the session just above 1900. Momentum in the gold price uptrend seems to be growing.
The next three quarters for WAF should be game changing (i.e. expects to be new cash by end of 2021 with dividends / share buy-back on cards in 2022). This combined with a very strong gold price could result in a very exciting period for the company and shareholders.
WAF - About to Breakout
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Last
$1.45 |
Change
-0.013(0.86%) |
Mkt cap ! $1.487B | |||
| Open | High | Low | Value | Volume |
| $1.47 | $1.47 | $1.44 | $1.607M | 1.111M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 29859 | $1.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 57364 | 54 |
View Market Depth
| Last trade - 15.04pm 27/05/2024 (20 minute delay) ? |
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Last
$1.45 |
Change
-0.013 ( 1.16 %) |
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| Open | High | Low | Volume | ||
| $1.47 | $1.47 | $1.44 | 448200 | ||
| Last updated 15.23pm 27/05/2024 ? | |||||
| WAF (ASX) Chart |