acouch your thoughts what did you think of fridays price action? It hit significant resistance at 15.71, for the second time, and also came off the lower trendline (from april through to the end of october) The doji does look like a reversal could occur, but as you say, third time up against resistance and it will probably go through. Having breached 15.24 i thought that it may still have further to fall before going further up, it did hit the fib50% before going up . . 15.70 is the fib 38.2 level from the high of october to the most recent low . Anyway here is a chart conveying my views and target levels for WBC :
acouch your thoughts what did you think of fridays price action?...
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Last
$27.26 |
Change
0.020(0.07%) |
Mkt cap ! $94.50B | |||
| Open | High | Low | Value | Volume |
| $27.25 | $27.28 | $27.18 | $10.90M | 400.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2364 | $27.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.26 | 339 | 2 |
View Market Depth
| Last trade - 10.14am 24/06/2024 (20 minute delay) ? |
| WBC (ASX) Chart |