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.
Комментарий:
Now at Break Even. Watching closely.
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Potential Bull Flag Formation from Profit Taking.
Expect the Up Momentum to Resume.
Expect the Up Momentum to Resume.
Комментарий:
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.
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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.
Комментарий:
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.