Hi Michael, thought I'd change that negative thread title to something a little more positive.
Great to see it just smash through $15 on very high volume. Volume has been back to the good old days this week. Great sign imo.
$15.17 next price to get through, from there I honestly don't see any reason for it to not go to $16.34. The gap you mention also exists back in end of Feb 06 $13.42 - $14.61. I do believe in gaps BUT with this momentum I feel it is irrelevant UNLESS the market breaks through 3201 on the XAO and heads lower? If the market bear rallies from here then if we can get through $16.34 I think next stop is around $22.87. Obviously it will consolidate before then but as mentioned I can't see any reason why it shouldn't get there if the market holds it's Nov intraday low. IMO
gaining momentum
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Last
$14.07 |
Change
0.160(1.15%) |
Mkt cap ! $7.422B | |||
| Open | High | Low | Value | Volume |
| $14.09 | $14.17 | $13.95 | $14.57M | 1.036M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5271 | $14.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.12 | 1626 | 4 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| WOR (ASX) Chart |