WOA - Charting, page-510

Another week and month behind us and time to see where WOA sits.
WOA 0.02 Monthly chart still green with an inside month for May after touching a 52 week high in April.
This month it failed to make higher highs but did make a higher low.
So the main take from the monthly chart is the aggressive buying stopped in May under the pressure of a Capital Raise to pay for the expansion into China.

The WOA 0.02 weekly chart also made higher lows in a low volume pullback


WOA 0.02 daily chart saw three levels of drop during May and closes with an inside day on Friday.

WOA 0.02 hourly chart
Monday 26th May 2025 was an inside day trading within previous Friday's trading range
Tuesday 27th extended the range lower and set the low for the weekly template with the breakout
Wednesday 28th bounced higher at the open then pulled back to retest the weekly low
Thursday 29th bounced off the low at the open then faded away to again retest the weekly low.
Friday 30th bounced up to Thursday's high then drifted sideways for the remainder of the day.
Overall the the weekly template was two levels of drop Tuesday and Wednesday bookended by inside days Monday, Thursday and Friday

So the month of May produced an inside day when buyers were strong enough to make a higher low but lacking the drive to move price beyond
the high of April. The weekly chart looks like it might want to retest 0.016 before heading higher. The daily chart had three levels breaking lower.
The hourly chart extended the rangedown to 0.019 Tueday and the rest of the week traded sideways inside of the high of the week on Monday and
the low of the week set on Tuesday.
We will find out this week whether the low will hold and price move up to test the highs of 0.022 from Monday's high or whether they pull back to around 0.016 to retest the lows as the weekly chart suggests.