Change of character confirmed with the break away from the prevailing down-trend. Price should search for a new zone of harmony before making a bigger move. I expect a few weeks for this to play out through a proper cup and handle.
- Above average volume on up days, retests happened on low volume.
- 2.36 area likely to be a resistance then support.
- A shakeout might touch down to the overall trend channel (the wider parallel lines on my chart).
I'll be watching for some opportunities to accumulate on pull backs though I am quite heavy on this.
Charts, page-2585
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Last
$2.02 |
Change
-0.010(0.49%) |
Mkt cap ! $383.2M | |||
| Open | High | Low | Value | Volume |
| $2.05 | $2.05 | $2.01 | $506.0K | 249.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 179 | $2.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.04 | 3924 | 2 |
View Market Depth
| Last trade - 16.10pm 17/10/2024 (20 minute delay) ? |
| WBT (ASX) Chart |