The last few weeks have seen some new events on the daily price chart:
Following the corona dump in March, WEB hit resistance in June at 4.92 (green line). After consolidating for a few months, it gapped up on November 10th to cross above that resistance line.[1]
This has been followed by a cross above the 200-day Exponential Moving Average (yellow line) a few days ago.[2]
Looking to the future, both lines (and the gap under the June resistance line) will be tested to see if recent price action is a fakeout...or the beginning of a rally...
The last few weeks have seen some new events on the daily price...
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Last
$8.84 |
Change
0.025(0.28%) |
Mkt cap ! $3.449B | |||
| Open | High | Low | Value | Volume |
| $8.87 | $8.91 | $8.83 | $4.985M | 562.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 11281 | $8.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.84 | 385 | 8 |
View Market Depth
| Last trade - 14.32pm 25/06/2024 (20 minute delay) ? |
| WEB (ASX) Chart |