A Nickel Producer with buying pressure building for a move higher

Potential Buy Entry Alert WSA

 

WSA – Western Areas Limited

WSA has seen buyers support price around the 3.00 zone to soak up the selling pressure. We are now watching the Nickel explorer and producer for a minor higher low to build as buyers start to take control and push price through the 3.50 level. Either way price action has contracted in and we are at the point where some action is expected.

 

Stock Code : WSA – Western Areas Limited

Company Website : www.westernareas.com.au

Current Price : 3.12

Status : On watch for Buy entry setup