it takes many different views to establish a healthy market
I can see this current bounce moving the shares up to a range of 60 - 64 in the coming weeks (ideally closing above 60 by May end above the MA line) where it will then hit resistance/profit taking
The daily chart clearly established a nice strong double bottom at that 46 cent levels as the platform for that bounce.
In my opinion, WC8 will need some material positive news coming into June/July period to maintain a forward momentum.
it takes many different views to establish a healthy market I...
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Last
23.0¢ |
Change
-0.010(4.17%) |
Mkt cap ! $274.4M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.0¢ | 22.8¢ | $337.8K | 1.449M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 96900 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 157140 | 16 |
View Market Depth
| Last trade - 15.23pm 30/07/2024 (20 minute delay) ? |
| WC8 (ASX) Chart |