There is nothing about this decline that is a surprise, anyway that's been covered.
I wouldn't worry too much about being below 50 cents, that's actually a positive not a negative. Below 47 cents structurally is a concern as it indicates a new structure is being formed within a larger degree. It's necessary though in order for that gap to be filled.
If it can comfortable hold the lows of the low 40s it will essentially create a new wave of activity, one bullish structure within a larger bullish structure.
At the moment it's still a watch but has moved a lot closer to being a positional buy.
ww1
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Last
$12.27 |
Change
-0.290(2.31%) |
Mkt cap ! $3.696B |
Open | High | Low | Value | Volume |
$12.50 | $12.54 | $12.26 | $10.12M | 815.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 724 | $12.26 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$12.27 | 1689 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 5006 | 12.280 |
13 | 5556 | 12.270 |
6 | 11716 | 12.260 |
7 | 10431 | 12.250 |
3 | 1369 | 12.240 |
Price($) | Vol. | No. |
---|---|---|
12.290 | 1931 | 18 |
12.300 | 4362 | 19 |
12.310 | 2762 | 9 |
12.320 | 3148 | 10 |
12.330 | 3213 | 9 |
Last trade - 12.02pm 26/06/2024 (20 minute delay) ? |
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PDN (ASX) Chart |