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Mawson West Ltd Ord MWSWF

Metals & Mining Industrial Metals & Minerals
"Mawson West Ltd is an Australian-based copper producer, developer and explorer. It is engaged in the production of copper and silver concentrate production, mineral exploration and development in the Democratic Republic of the Congo."


GREY:MWSWF - Post by User

Mawson West Ltd Ord > TD
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Comment by CQCmasteron Jan 17, 2015 2:15pm
90 Views
Post# 23331567

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:TD

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:TD
I still have a problem with that candlestick shadow. It could be a deception. Those 4.5k trades every 5-7min might have been spam in order to disguise the small transaction at 2.5 cents which was the low. A way to trick any graph reader into buying shares on Monday, thus increasing the volume and then with right execution put a fake wall on the sell side and bring the price down even more while taking away shares from those who have bought at 3-3.5 cents. Usually that dragonfly dojo works when there have been a significant amount of shares bought at low while the closing price pulls back higher by a wide margin. In this case, the volume was peanuts. Either way, the more deception, the better since the plan is to lift this stock up for a large profit release in the future 👍
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