WKT 8.33% 13.0¢ walkabout resources ltd

WKT New charting, page-9

  1. 9,240 Posts.
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    A pleasing end to the year I would imagine for WKT holders.

    This weeks chart confirmed the spring like action that appeared the week before (arrowed). It's reasonable to expect some supply to occur now as the sp encroaches and exceeds that cap. raising level at 11, which is what occurred, though it's not heavy supply as yet as the volume remained fairly low and the weekly bar still finished quite high at the close. A good result.

    Given this relatively low volume some sort of consolidation should be expected and anywhere in that open window area would be nice. The real challenge I'm guessing is when the "pro's and makers" get back to work. Really though, it's a nice chart.

    https://hotcopper.com.au/data/attachments/4937/4937957-9352a0ec4fda0495eb9c316bf517d175.jpg
 
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WKT (ASX) Chart
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