RE:Nice!!!!!!I've been watching this closely, looking at the technicals.
I've held most of my position in this stock for over 3 years (trading in and out a little).
I'm happy to say my initial purchases were in the 30₵ range, so this stock has been good to me.
After flirting with the 200-day moving average, and even dipping below it a few times, today WEF bounced firmly back above $1.40 and also bounced solidly off the 200-day moving average.
While this is just one day's technical movement, I think the fact that we also are now moving into a period which typically is seasonally strong for lumber stocks (October to March/April), all bodes well for the direction of this stock into the year-end.
The fact that lumber prices are slowly edging higher just adds a little more juice to this story.
So, after nervously watching the 200-day moving average this week, I'm feeling a little more confident going into the next two months.
GLTA and have a great weekend