Kelpie, I can't speak for wilkie, but offer the following observations: On the Aussie chart, NWS has more or less now completed a triple bottom (hit lows of 16.96 on 9 October 1998 and 16.88 on 26 July 2002). While this would normally be bullish, some caution is warranted given (1) the length of time since those lows (support tends to decay over time) and (2) as you point out, there is also a US chart. I would agree with you that the US chart is the dominant one and that the Aussie price tends to follow the US price. Average volume is also higher in the US, by about 50%. I would put support on this chart at $14.98, i.e. the low of 28 October 2005.
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Last
$40.27 |
Change
-0.210(0.52%) |
Mkt cap ! $1.130B | |||
| Open | High | Low | Value | Volume |
| $40.00 | $40.40 | $40.00 | $2.998M | 74.33K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 75 | $40.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.35 | 124 | 1 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| NWS (ASX) Chart |