We Hldg has been trading below 0.043 since the breakdown of the 0.043 support about 2 months ago. Currently this level would be a critical support turned resistance level to watch. Has attempted to break above 0.043 twice over the past 2 months but no avail. TOP 10 volume seen currently as it nears the resistance level and huge sellers stack there 23m shares at the moment. Any clearing of this level can signal strong buyers coming in and taking it up to the new phase upward, target to 0.05 first which also coincides with the 200 DAY MA line. Can see quite a clear gap to clear above 0.043, supported at 0.040 psychologically at the moment.
Stop loss at 0.039.
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