Haven't been a great fan of FIB levels for a long while now but sometimes you've just got to comment on the most popular level at a 61.8% retrace.
What is good though is how that previous consolidation area has acted as support. That's where the market participants had a bit of a battle a while back, they are good areas to watch as they will act as support and resistance. Nevertheless the sooner WC8 gets out and above this area the better.
Chart, page-545
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 (20min delay)
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Last
53.5¢ |
Change
-0.025(4.46%) |
Mkt cap ! $645.5M | |||
| Open | High | Low | Value | Volume |
| 55.5¢ | 56.0¢ | 53.5¢ | $1.894M | 3.453M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 67092 | 53.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 29546 | 1 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
54.0¢ |
Change
-0.025 ( 4.39 %) |
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| Open | High | Low | Volume | ||
| 55.0¢ | 56.0¢ | 54.0¢ | 820853 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| WC8 (ASX) Chart |