STTCOMP WPP, TA Long
(ASX: BOT – Stw Communications Group)
SP: 80.5c
MC: $685Million
Cash: $6,249,927Million
Shares: 852,151,870
WPP historical low just hit today @ 80.5c, previous low was 81c.
From a TA perspective it is likely to bounce of resistance as the sell-down happening the past few weeks has been on reducing volumes. Sell side is also reducing with buy side numbers remaining relatively the same, i.e. it's being soaked.
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