GelSteveMF

Dying Bear?

Long
ASX:WAM   WAM CAPITAL LIMITED
Weekly candles showing a double bottom at $1.83 Potential reversal supported by what I like to call a dying bear price-to-volume trend. The Breakout will be about the $2.00 and may no even be worth waiting. This is a well established LIC and whilst I personally find some of their recent substantial acquisitions 'interesting', (could be zeroes, could be heroes) WAM is a reliable dividend-paying stock and bargain at $1.83 p/share
having a serious think about adding to my existing position.
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