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Wallbridge Mining Co Ltd. T.WM

Alternate Symbol(s):  WLBMF

Wallbridge Mining Company Limited is a Canada-based company, which is focused on exploration and sustainable development of gold projects. The Company’s flagship project, Fenelon Gold (Fenelon), is located on the highly prospective Detour-Fenelon Gold Trend Property in Quebec’s Northern Abitibi region. The Company’s Martiniere project is located approximately 110 kilometers (km) west of the town of Matagami and 150 km north of Amos, Quebec, Canada. The Company’s Beschefer project covers 6.47 square kilometers (km2) and is located 28 km southwest of the Fenelon Gold project. The Company also holds a 19.9% interest in the Archer Exploration Corp. (Archer). Archer holds a portfolio of nickel assets in Ontario and Quebec.


TSX:WM - Post by User

Bullboard Posts
Post by BigSwingson Jan 28, 2020 4:50pm
72 Views
Post# 30610831

Long Term Picture Still Intact

Long Term Picture Still IntactI'm going to try to post a monthly chart analysis of WM. The weekly has the same support. The daily, which I won't post, because most of us here are shareholders with long term vision has a strong sell on it from a technical perspective and support at 61 cents. However, the weekly and monthly are both Strong Buys with buy in support around 65 cents. Those that know me know that I have my long term position that I will ride or die with, which is admittedly easy because I traded into the position, so am only risking house money. That said, I also like to short term/swing trade on the long side and would certainly do that if it pulls back to under 70 cents. That's just my two cents. Here's the monthly based chart analysis: Monthly Summary Strong Buy Moving Averages Strong Buy Buy (12) Sell (0) Technical Indicators Strong Buy Buy (9) Sell (1) Moving Averages Name Simple Exponential MA5 0.65 Buy 0.68 Buy MA10 0.51 Buy 0.55 Buy MA20 0.35 Buy 0.41 Buy MA50 0.18 Buy 0.25 Buy MA100 0.14 Buy 0.21 Buy MA200 0.25 Buy 0.31 Buy Summary Buy (12) Sell (0) Strong Buy Technical Indicators Symbol Value Action RSI(14) 70.186 Buy STOCH(9,6) 52.629 Neutral STOCHRSI(14) 44.603 Sell MACD(12,26) 0.150 Buy ATR(14) 0.1504 High Volatility ADX(14) 47.990 Buy CCI(14) 191.8845 Buy Highs/Lows(14) 0.2514 Buy UO 57.971 Buy ROC 368.750 Buy WilliamsR -27.711 Buy BullBear(13) 0.6620 Buy Summary Buy (9) Sell (1) Neutral (1) Strong Buy
Bullboard Posts