WR1 General Discussion, page-32950

Well there is definitely something afoot.
ALB is now + 4% pre-market.
That will make it +28% from its lows.
ALB now has 2 higher lows in place.
3 higher lows constitutes a change in trend from my perspective.
PLS if it follows through tomorrow on strong volume, will be leaving behind a consolidation zone that has formed a bull flag which has held at a very small retracement of its recent rally suggesting strength to the up move.

WR1 has broken its daily downtrend line and now has a higher low confirmed.
Volume was not heavy and needs to increase to confirm any upside rally.

I'm not calling a change in trend for WR1 but at least a rally for now.
It rallied for 2 days from its recent lows and has taken 6 days to come back down for a retest.
This implies that at present it is finding it easier to rally than to sell off.

The 6 day selloff failed to make new lows and today's rally instead put a higher low in place.

IMO, a change in trend for WR1 would not be until trading takes place above 58 cents and on much heavier volume.

The leaders have to change first and the small caps will follow if the fundamentals are there.

Keeping a close eye on ALB and PLS this week.

Just my opinion and my understanding of technical analysis.

Not financial advice at all because as we all know in the market "Anything Can Happen".
Good TA just improves the odds.

Cheers