Looking for an open above $20.30 on Monday and a close above $20.77 by next Friday, without any dip below $19.90 during the week to confirm the hammer signal. A nice long white candle would be preferable but that's unlikely in this market. Shorter term traders should use $19.90 as the stop loss, whereas longer term unleveraged investors might want to use $18.82. Given the state of the market a long pick has its risks, but short positions also become more risky as the bear market progresses, as a sharp rally from oversold becoems more and more likely. Essentially, this is a good long to balance out what might be an overweight short portfolio for traders.
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Last
$27.63 |
Change
0.110(0.40%) |
Mkt cap ! $95.77B |
Open | High | Low | Value | Volume |
$27.85 | $27.97 | $27.54 | $131.1M | 4.728M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 17069 | $27.62 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$27.63 | 500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 27.570 |
3 | 3492 | 27.560 |
2 | 241 | 27.550 |
1 | 7400 | 27.540 |
1 | 10199 | 27.530 |
Price($) | Vol. | No. |
---|---|---|
27.630 | 500 | 1 |
27.640 | 10199 | 2 |
27.650 | 12213 | 5 |
27.670 | 10199 | 1 |
27.680 | 1000 | 1 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
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WBC (ASX) Chart |