WTP 0.00% 91.0¢ watpac limited

Mowerman,Thanks. We have successfully traded WTP before and have...

  1. 1,845 Posts.
    Mowerman,

    Thanks.

    We have successfully traded WTP before and have it on our watchlist for a possible re-entry.

    You are absolutely right about one or two trades affecting the chart picture. We have watched again and again with a variety of stocks where the price is pushed up or down on trades of very few shares, sometimes just 1 or 2. Sometimes we can't quite figure out why but all too often it is clearly done to breach a support or resistance level, to change the shape of a candle or to make it look like a breakout is happening.

    Lesson learned - on small stocks always check the course of trades before leaping in.
 
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