If we get the rise to your pivot point, we get completed divergences on the weekly, along with a hammer on the weekly (with volume), it builds the case that we have seen the lows, as the divergences on the weekly would be quite significant both in size and length of time. Any dip back would see a double touch, perhaps on $20 rather than $19 if that were the case. The risk is the upcoming week, where overall market selloffs could see recent buyers become sellers if $19 failed.
weekly chart of the week, page-4
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Last
$27.85 |
Change
0.230(0.83%) |
Mkt cap ! $96.33B | |||
| Open | High | Low | Value | Volume |
| $27.75 | $27.95 | $27.53 | $109.3M | 3.925M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14758 | $27.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.86 | 10945 | 4 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| WBC (ASX) Chart |