WKT 0.00% 11.0¢ walkabout resources ltd

WKT - Chart, page-1623

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    ***Walkabout Resources Ltd forms bullish "Megaphone Bottom" chart pattern***
    Don't worry, I don't even think it is a Megaphone pattern let alone a Megaphone Bottom, but it is interesting to see how people who either have very little idea about charting and chart patterns or don't believe in TA at all, are taken in by an automated/computerized pattern searching set-up, because it suits their somewhat disappointed, but still preconceived believes that WKT should really go through the roof based on fundamentals.

    It once again goes to show that, Investors want to believe in someone. Forecasters want to earn a living. One of those groups is going to be disappointed. I think you know which.
 
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WKT (ASX) Chart
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