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Gold/Mining/Energy : Winspear Resources
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To: The Fix who wrote (8665)10/22/1998 10:49:00 AM
From: Teresa Lo  Read Replies (2) of 26850
 
WSP/V: Today's Technicals

Winspear WSP/V is finding support at the moving average of 1.54 on the 60 minute chart, perhaps forming the beginning of a larger consolidation pattern after the big move on Tuesday...good to see that the pull back was on relatively low volume.

On the daily chart, there was a lot of resistance at 1.60 and if this level holds on a low volume pullback, we can use 1.60 as support. Looking OK at this point, so long as the pullback is on low volume and holds 1.40-1.50, the old resistance.
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