Western Potash Corp. worth watching
The charts are not suggesting a screaming buy but are certainly worth putting on your watch list for a breakout with a stronger uptrend.
The charts are not suggesting a screaming buy but are certainly worth putting on your watch list for a breakout with a stronger uptrend.
I am not seeing enough to indicate that it is worth the risk to buy at this time.
Given all the factors in play I would wait until the release of Q1 before considering a buy.
Given the current environment you would be best served going to cash and perhaps looking to get back in at lower levels if it holds at $4.00.
What we need to see is if VT will catch a bounce off the 50 day moving average and move back towards profit generation.
However it looks like AW.UN has gotten ahead of itself and will need to pull back. Its not that the units have broken the uptrend but simply that there will have to be some adjustment when the special distribution is paid out.
I don’t want you to shoot a running horse but taking your original investment out and putting it into another asset would be considered prudent.