Hi Michael, thought I'd change that negative thread title to something a little more positive.
Great to see it just smash through $15 on very high volume. Volume has been back to the good old days this week. Great sign imo.
$15.17 next price to get through, from there I honestly don't see any reason for it to not go to $16.34. The gap you mention also exists back in end of Feb 06 $13.42 - $14.61. I do believe in gaps BUT with this momentum I feel it is irrelevant UNLESS the market breaks through 3201 on the XAO and heads lower? If the market bear rallies from here then if we can get through $16.34 I think next stop is around $22.87. Obviously it will consolidate before then but as mentioned I can't see any reason why it shouldn't get there if the market holds it's Nov intraday low. IMO
gaining momentum
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Last
$14.42 |
Change
-0.080(0.55%) |
Mkt cap ! $7.648B | |||
| Open | High | Low | Value | Volume |
| $14.41 | $14.52 | $14.35 | $13.32M | 923.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9568 | $14.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.43 | 3341 | 2 |
View Market Depth
| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| WOR (ASX) Chart |