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
42.0¢ |
Change
-0.010(2.33%) |
Mkt cap ! $509.7M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.3¢ | 40.0¢ | $986.6K | 2.390M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 123776 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 102961 | 13 |
View Market Depth
| Last trade - 12.59pm 04/06/2024 (20 minute delay) ? |
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Last
42.0¢ |
Change
-0.010 ( 2.23 %) |
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| Open | High | Low | Volume | ||
| 42.0¢ | 43.0¢ | 40.0¢ | 1250384 | ||
| Last updated 13.13pm 04/06/2024 ? | |||||
| WC8 (ASX) Chart |