It will be an unfortunate day for WDS holders - I was expecting something a little nicer and positive from their FY Report - I sold out before my holidays and was almost ready to buy back in because I knew the results were coming out soon but thin trading pushed me toward more of a blue chip (AMP).
I'm still very interested in WDS and will be buying back in - I feel for the current holders, especially today as the US market had a nasty night last night. For those holding I think it's worth holding your breath to wait and see unless you got in at lower prices and simply wait for a bounce. There are 3 main support points, .39 is one which I think will be broken today .345 / .35 should hold for a little while - last resort is .315 which should hold strong.
Good Luck
WDS Price at posting:
41.0¢ Sentiment: Buy Disclosure: Held
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