WRR 0.00% 16.0¢ world reach limited

depth building

  1. 532 Posts.
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    In recent days selling pressure has been building on the sell side. The sell side however has not been capitulating and selling in to the buying at 1.2c. I read this in that they may bve attempoting to keep the price down which could only mean that the seller is trying to accumulate stock at lower levels.

    I notice this morning that the buying depth has been slowly building.

    With the meeting being held this week (I think on Thursday) which I assume would be approved with the majority of votes, it would not be unusual to expect some positive news.

    imo the chart looks good for a move to 2.0c and beyond.

    Cheers

    Clever1
 
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