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Re: MOMO post# 1196372

Saturday, 08/31/2013 10:55:35 AM

Saturday, August 31, 2013 10:55:35 AM

Post# of 2342209
WFEMF Has turned into a very interesting chart.

Thusfar, the chart confirms a clear rounded bottom reversal pattern. I think we are currently consolidating gains from the second leg run up from .12 to 18. This .18 price appears as a major resistance point. If we can get a close above that level, I think we start the next leg up and go into the twenties not long thereafter. If we can't overcome .18 just yet, we may see a retest of .15-.16 support (another buy opportunity) and then make another run at rallying past .18 resistance. Barring any bad news, I really don't see anything on this chart that points to a major selloff. This is also supported by the currently strong level II demand and weak selling pressure. I see a lot of potential upside for the WFEMF price per share on this chart.
Good luck to us all!

Rounded bottom reversal pattern:

WFEMF chart: http://stockcharts.com/h-sc/ui

Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/

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