Redmoon, I think the market in general is waiting for confirmation of this recent rally. Most investors most likely cautious given that the DOW and XAO have moved up very quickly this week.
If the SPX & DOW can stay green tonight I feel come Monday WOR will enter into the bullish range indicated on the chart below. If it closes above the trend line on Monday and the rally continues next week I am confident we will see very large volume on WOR pushing the sp up towards the upper trend line.
Hang in there, the market & WOR just needs confirmation atm imo.
6 month daily chart, notice how the candle is poised right on the trend line. Also the slow stochastic has also been stopped by resistance. Shorters probably getting excited but they will most likely get burned again. ALL IMO.
Redmoon, I think the market in general is waiting for...
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 (20min delay)
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Last
$14.07 |
Change
0.160(1.15%) |
Mkt cap ! $7.422B | |||
| Open | High | Low | Value | Volume |
| $14.09 | $14.17 | $13.95 | $14.57M | 1.036M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5271 | $14.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.12 | 1626 | 4 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| WOR (ASX) Chart |