WBT 5.96% $3.38 weebit nano ltd

Charts, page-14

  1. 1,417 Posts.
    lightbulb Created with Sketch. 4437
    https://hotcopper.com.au/data/attachments/2404/2404005-cef570d5f78fecc3eb5cd3a51c00cd54.jpg
    https://hotcopper.com.au/data/attachments/2404/2404008-046a88070bd26c26e05b3a7095c1d1ac.jpg
    https://hotcopper.com.au/data/attachments/2404/2404011-66f1da99890c9026bc39da48d0d889bc.jpg
    Just wanting to give a comparison of charts over the same period and with comparable Money Flow Indicators(MFI) as it can give a better understanding of possible SP increase.
    My preferred indicator(I keep banging on about it) is the 21 period and 100 period MFI as it does give an early signal to gains when the Long term MFI confirms the short term MFI in crossing the "0" line.
    In the case of NVX which is only similar in that it is also trying to develop a product but in a completely different sector(resources). If you look at both NVX and WBT over 3 years you can see after the early blue sky spike that the 21 period MFI on both companies crosses the "0" line a few times but the 100 period MFI refuses to confirm by staying below the '0". You can clearly see see what happened when the pent up potential after 3years was confirmed by the 100 period MFI crossing "0" into positive,ie accumulation. Kind of spectacular.
    So if you check WBT, also developing a product which one could say is much closer than NVX to generating substantial income you can clearly see both MFI's are well above the "0" line and have been for some time now.
    I have seen this type of chart play out well for holders a few times now and if it does go as I believe it will, gains will be fast and spectacular for WBT holders very soon.
    I recommend all long term holders study these 2 charts closely. As you can see volume is also increasing since the Covid low and CR. The signs are all good and I for one am looking forward to the next 6 months.
 
watchlist Created with Sketch. Add WBT (ASX) to my watchlist
(20min delay)
Last
$3.38
Change
0.190(5.96%)
Mkt cap ! $634.2M
Open High Low Value Volume
$3.19 $3.44 $3.19 $2.069M 615.6K

Buyers (Bids)

No. Vol. Price($)
5 572 $3.38
 

Sellers (Offers)

Price($) Vol. No.
$3.40 2374 3
View Market Depth
Last trade - 11.52am 18/11/2024 (20 minute delay) ?
WBT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.