JWM You brought up an interesting point about indicators ,most are oscillators that only work in stocks that are trading in a range ,
Seeing that WOW is trending down they are showing that it is oversold but when you look at the chart you can see other details that tell another picture ,
WOW has broken through all Fibbonacci support levels ,
the last one being 61.8% level so WOW formed an upward pennant which often follow the main trend ,
So it looks like testing old support at $11.28 again
bear pennant, page-5
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Last
$29.57 |
Change
0.060(0.20%) |
Mkt cap ! $36.12B | |||
| Open | High | Low | Value | Volume |
| $29.50 | $29.67 | $29.45 | $44.97M | 1.498M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7663 | $29.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.59 | 500 | 1 |
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| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| WOW (ASX) Chart |