GREY:WFEMF - Post by User
Post by
Segusmundoon Dec 06, 2012 7:12pm
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Post# 20695430
Retracement
Retracement I don't know how many of my fellow shareholders on this board are technical versus fundamental investors. But, IMO, as a technical trader, this chart looks mighty good. The stock couldn't even stay down in trading today at .35 during a healthy retracement after a major recent move to the upside. I don't know when, but from the techical side and my perspective only, I thnk this stock is in for a serious upside bounce very soon, with or without the financing news. I assume this will occur when the current retracement concludes, if it already hasn't, with support and consolidation already appearing to form at the .36 level. Here's to good luck for all of us!