mate some of these 'investors' are way over there head. TA plays a HUGE part in trading, either get it or dont invest as they help buy/sell a company at points of risk v reward.
The moment WR1 broke and backtested $1.45 that was the sell trigger. If you studied TA could have saved yourself over 60% loss from then. As I said TA says this is now heading to the backtest of 50 cents or even lower. every pump up will be sold into. Take that into account, but there is zero support round here so there is absolutely 0 reason from a TA perspective to buy here IMO.
People can do as they please Im just posting my thoughts on the chart in the CHART THREAD
WR1 Chart Thread, page-139
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Last
75.0¢ |
Change
0.010(1.35%) |
Mkt cap ! $161.3M | |||
| Open | High | Low | Value | Volume |
| 74.5¢ | 78.5¢ | 74.5¢ | $569.8K | 746.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 23089 | 75.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.0¢ | 3571 | 1 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |