Australia's largest stock trading and investment forum Australia's #1 stock forum

WC8

Click for more information

3.13%

33.0¢ wildcat resources limited

https://www.strike.money/technical-analysis/falling-wedge-pattern

First 712 Last

Share
Profile

Follow
misstrump

1,068 Posts.

137

28/04/24

12:07

Post #: 73542832
Share

Originally posted by misstrump: ↑

Called a falling wedge highly bullish formation

Falling Wedge Pattern: How does it work?Get an understanding of the Falling Wedge Pattern. A falling wedge is a bullish pattern characterized by a wide top and shrinking bottom. The pattern will lead to a downward price slide. The falling wedge chart pattern occurs when a trend's final downward move. Price chart trend lines are drawn above highs and below lows. Thus, price slide losses will be converged. Buyers will step slowly down the market before the line comes together. Converging trend lines on a price chart indicate a price breakout above the upper trend line. The lines will show rising or falling highs and lows. The lines will appear wedge-shaped as they approach a convergence due to their differing rates. Technical analysts can use them to gauge potential reversals in price movement. A wedge pattern appears as a trend when the price of a security falls over some time.

Expand

https://www.strike.money/technical-analysis/falling-wedge-pattern

WC8 Price at posting: 48.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

PR1

Nanocap Pure Resources acquires Reedy Creek garnet project, WA

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Trump is President Again: What Does This Mean for Crypto?

PRS

Prospech finds dynamite heavy REE grades from historic core in Finland

There are more pages in this discussion • 66 more messages in this thread...

First 712 Last

Add WC8 (ASX) to my watchlist

(20min delay)
Last 33.0¢		Change 0.010(3.13%)		Mkt cap ! $408.0M

Open	High	Low	Value	Volume
31.0¢	34.0¢	31.0¢	$939.5K	2.848M

Buyers (Bids)

No.	Vol.	Price($)
4	25779	32.5¢

Sellers (Offers)

Price($)	Vol.	No.
33.0¢	49938	1

View Market Depth

No.	Vol.	Price($)
4	25779	0.325
1	32941	0.320
2	34541	0.315
5	274253	0.310
3	20974	0.305

Price($)	Vol.	No.
0.330	49938	1
0.335	182941	3
0.340	73022	7
0.345	57941	2
0.350	199638	7

Last trade - 16.10pm 11/11/2024 (20 minute delay)

WC8 (ASX) Chart

SPONSORED BY