GlobalTrader_

WGX Presents a buying opportunity

Panjang
ASX:WGX   WESTGOLD RESOURCES LIMITED.
Will after selling a couple of months ago, slightly too early @ $2.35, I stopped myself from FOMOing in.

Today we have a high probability that WGX will start moving up again.

We have a nice candle here possibly hammerhead
Price sitting right on support While touching the low trend of the Linear Regression.
Bottom Finder Indicator and MFI signalling oversold.

What to look out for: Price closing below the Linear Regression in its upward form could bring further lower prices. But the fundamentals in this stock is pretty good.

It is a good time to be in Gold stocks much more than Crypto right now
Penafian

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