Market is weak across the board which in my view is accelerating the handle formation of the cup.
- Low volume on down sessions
- Long lower wicks show buyers are present but unable to overcome selling
- Big buying on the up sessions are clues to long position taking
Not much to comment on at the minute in my view. Behaving as expected. A spring followed by confirmation this week or next would be ideal but wont rule out a low volume test around 2.35ish first.
Weekly included to make note of the volume and effort on price.
Charts, page-2651
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Last
$2.51 |
Change
0.030(1.21%) |
Mkt cap ! $474.1M | |||
| Open | High | Low | Value | Volume |
| $2.52 | $2.58 | $2.50 | $1.029M | 404.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1855 | $2.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.54 | 614 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |