You mirror my excitement, the chart is wonderful and the Market...

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marty386

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20/10/15

09:42

Post #: 16210003
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Originally posted by tradesurfer ↑

WPI daily...
Every aspect of this chart I like....
Currently siting right on resistance of 2.4c with the volume increasing the last 4 trading sessions...
MACD never had any strong negative divergence from this latest pull back from 2.9c also of note the volume was quite small until the start of that blue box... A bullish cross may eventuate in the next day or so
RSI shows strength with no big dips plus also trending upwards...
Smoothed Oscillator also rounding up..

The orange shaded area from 2.9c-3.3c is where I would like to see the sp get to and consolidate at for a few weeks.. With a large gap present above this from 3.3c-4.2c for a likely ST target...

Something from the FA which im not the best with but have taken notice of is the current valuation of both SRT and WPI which to me seems crazy?

SRT
Heads: 745m
Srto: 63m
Srtoa : 255m
Total shares and options: 1063m
1063 × 0.018 = $19m Mcap

WPI
Heads:249m
Options 49m

249m x .024=6.22m Mcap

View attachment 105626

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You mirror my excitement, the chart is wonderful and the Market Cap is just sooo low, M Walker, the brand, is worth much more.....

WPI Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
3 Upvote

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