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jason_rpprt

Short on WXG

Short
WESTGOLD RESOURCES LIMITED. (ASX:WGX)  
jason_rpprt Updated   
ASX:WGX   WESTGOLD RESOURCES LIMITED.
Trend Analysis Chart Patterns Wedge ASX WGX trade short wedgepatterns
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trendanalysis chartpattern wedgepattern asx wgx trade short wedgepatterns
snapshot

WXG is currently in an ascending wedge with bearish RSI divergence with the MACD rolling over and on a smaller timeframe has formed another ascending wedge also with bearish RSI divergence. Look for a break of trend on smaller timeframe for entry, SL at last swing high with target of $1.74, moving SL to BE when safe to do so.
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