Hi Cabbie,
Don't you mean the 5th of November 2020 (SP 13-14c)? If you purchased shares on the 4th of November 2019, the SP at the time was 28c.
IMO it is very misleading of you to claim the 5th of November (death cross) as an indication to buy, The chart continued its down trend hitting a low of 11.5c, the trend could have continued to decline lower. The down trend was not reversed until Jan 2021. It is easy to look back at a chart and say you should have bought at the death cross because it suits your argument. What is the old saying, The trend is your friend?
ATM you will be hard pressed to find any moving average on WKT's daily chart that paints a positive picture. From the 5 day - 200 days moving averages are now trending down, which indicates a negative sentiment. WKT needs news to reverse the trend.
Charting 2.0, page-3374
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $70.48M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $21.28K | 206.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 661651 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 190070 | 3 |
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| Last trade - 15.41pm 31/07/2024 (20 minute delay) ? |
| WKT (ASX) Chart |