Smashed is a big word for what actually happened, but yes WKT closed above the resistance level. I very much enjoyed that part too, because unlike some here falsely assuming that I have a short on it, that is not the case! Anyway I wasn't quite sure that SP could make it through the resistance, especially after yesterday's Doji CS suggesting indecision, but they also can be looked at as a continuation signal. However just like I wrote on Monday the weekly chart suggested a possible turn on Friday and so the weekly looks quite positive confirming the reversal for a relieve rally after closing the 18c gap.
As mentioned in earlier posts I not so certain about the continuation, because I can see further restrictions coming up! Anyway so far all good!
Ann: Update on Funding Activities & Graphite Market Conditions, page-82
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11.0¢ |
Change
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Mkt cap ! $73.83M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 11.0¢ | $4.298K | 38.64K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 203451 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 230858 | 4 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WKT (ASX) Chart |