WR1.ASX Winsome Resources Trend Cloud Study.
Winsome Resources has been Bashed Down with all the Lithium miners of the Last Year or more.
Just as High Inflation is the cure for High Inflation, I surmise the same could be true for these Miners - as they are forced to shut down certain operations, thereby decreasing supply.
They also become Targets for Takeovers and MA's.
As my Chart depicts, I also was caught by many Bull Traps, and I am in a Loss Scenario.
However, I am now seeing a potential reversal on the Trend Cloud and IMACD.
Adding to my position remains very Risky and is not a recommended policy
However if one got in near the recent lows & you are profitable - your Risk will be lower.
As my Chart depicts, I Diarise as much information as possible using the Call-Out Tool and Price Range % to assist with my decisions.
As always, please get a few outside Expert's Advice before taking Trade or Investment decisions.
Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.
Regards Graham.
Just as High Inflation is the cure for High Inflation, I surmise the same could be true for these Miners - as they are forced to shut down certain operations, thereby decreasing supply.
They also become Targets for Takeovers and MA's.
As my Chart depicts, I also was caught by many Bull Traps, and I am in a Loss Scenario.
However, I am now seeing a potential reversal on the Trend Cloud and IMACD.
Adding to my position remains very Risky and is not a recommended policy
However if one got in near the recent lows & you are profitable - your Risk will be lower.
As my Chart depicts, I Diarise as much information as possible using the Call-Out Tool and Price Range % to assist with my decisions.
As always, please get a few outside Expert's Advice before taking Trade or Investment decisions.
Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.
Regards Graham.
Bình luận:
Now at Break Even. Watching closely.
Bình luận:
Potential Bull Flag Formation from Profit Taking.
Expect the Up Momentum to Resume.
Expect the Up Momentum to Resume.
Bình luận:
Euroz Hartleys Adjusts Winsome Resources’ Price Target to AU$2.14 From AU$2.11, Keeps at Speculative Buy. $ Index Up as Rate Cuts Expectation is lowered.
Bình luận:
Evening Wrap: ASX 200 logs third straight fall as lithium, copper, and battery metals stocks get dumped.
A FIB Retracement shows support @ $1 Area.
If you're in at a Loss, it's important not to unnecessarily destroy your Capital, but rather wait another quarter for a reversal before adding to your Position. Adding too early will only Amplify. I will post when the Trend Cloud Reverses.
A FIB Retracement shows support @ $1 Area.
If you're in at a Loss, it's important not to unnecessarily destroy your Capital, but rather wait another quarter for a reversal before adding to your Position. Adding too early will only Amplify. I will post when the Trend Cloud Reverses.
Bình luận:
Australia's Winsome Resources hits near 3-month low on discounted placement.
It's a HOLD for now. Nasty Surprise.
It's a HOLD for now. Nasty Surprise.