You can see the major attempt to close the gap in August which came close but didn't completely do the job. I can't see the gap as being of significance and for all intents and purposes looks to have been closed. That being said nothing is written in stone.
WAF has produced a major impulse leg on the monthly with a more than 100% thrust with the pullback being exactly 50% on the attempted gap close indicating waf is well positioned to continue higher.
Looking at numbers and $1.43 is minor support/resistance with interestingly $1.64 at main resistance with another minor resistance at $1.85 before target at $2.06 Bearing in mind this is a longer term chart and the US Fed has been printing and pumping massive amounts of dough and liquidity into the US Ponzi game and at some point this will have consequences particularly if the ruling fools decide to tax unrealized gains.
Short term target is $1.55 which will probably arrive come Monday.
Looking at the just completed week and we have a massive outside upside reversal encompassing the previous four sessions. This is a massively bullish signal. We shall see.
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You can see the major attempt to close the gap in August which...
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Last
$1.61 |
Change
0.050(3.22%) |
Mkt cap ! $1.826B |
Open | High | Low | Value | Volume |
$1.56 | $1.61 | $1.54 | $8.943M | 5.649M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4000 | $1.60 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.61 | 75976 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4000 | 1.595 |
1 | 4100 | 1.590 |
5 | 104058 | 1.585 |
4 | 26227 | 1.580 |
3 | 20215 | 1.575 |
Price($) | Vol. | No. |
---|---|---|
1.610 | 75976 | 6 |
1.615 | 97256 | 5 |
1.620 | 126308 | 6 |
1.625 | 20215 | 2 |
1.630 | 72315 | 5 |
Last trade - 16.10pm 17/10/2024 (20 minute delay) ? |
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Simon Kidston, Non Executive Director
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