Woulfe Mining Corp WFEMF

Current consolidation

[Segusmundo]

Hi all. Current chart attached certainly likes to follow a pattern. That is very good, and I hope it continues to do so. Depicted in the chart is the pattern of WOF's recent past rallies, reaction corrections, and consolidation periods. The blue circles reflect each of the prior consolidations, which appears to be where we are again now, as shown by the last circle noted by the red arrow. The other technical indicators added to the chart reflect: continued stock accumulation, continued money flow into the stock, and a strong RSI (current relative strength compared to its past performance). These positive indicators reflect that the technical strength of the stock is greater than its current lower price and potentially price appreciation is to follow due to fundamental strength of the stock. As discussed in the past, the stock has not experienced wild volitility or price swings. I think that makes this chart more reliable and predictive. Moreover, support appears to be forming at the current .32/.33 trading range in this consolidation. Hopefully, we have seen our lows at or near .32 and this current consolidation is followed by a rally, as it has the last four times (see circles), this time to test the .39 resistance or even the .40+ test. I hope that is the case. Over and out. Good luck to all longs!

https://stockcharts.com/h-sc/ui?s=WOF.V&p=D&b=5&g=0&id=p29226656451&a=285571758&listNum=29