Nov. 8 at 12:02 PM
$WAI Quick update:
It pulled back after the alert since volume dropped off and it couldn’t stay above the VWAP. Right now it’s holding around the
$3 area, which is the key support. It needs to get back over
$3.25–3.30 with some volume before momentum can return.
I called this one as our Special Play because of the tiny 1.6M float, the low
$5M market cap, and the potential for a sharp move once volume returns. It already showed it can spike fast when news hits, like the
$4.8M AI robot contract from September.
I’m still holding my position and planning to stay in for a bit longer while it builds out this base. If we see delivery or payment updates on the robot deal, new AI-related orders, or another solid 6-K filing, I’ll look for a bounce play. If the next headline ends up being another offering, I’ll reassess then. Hope this helps 🙏