There is nothing about this decline that is a surprise, anyway that's been covered.
I wouldn't worry too much about being below 50 cents, that's actually a positive not a negative. Below 47 cents structurally is a concern as it indicates a new structure is being formed within a larger degree. It's necessary though in order for that gap to be filled.
If it can comfortable hold the lows of the low 40s it will essentially create a new wave of activity, one bullish structure within a larger bullish structure.
At the moment it's still a watch but has moved a lot closer to being a positional buy.
ww1
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Last
$11.34 |
Change
-0.440(3.74%) |
Mkt cap ! $3.390B |
Open | High | Low | Value | Volume |
$11.39 | $11.56 | $11.31 | $36.85M | 3.234M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3200 | $11.33 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$11.40 | 1054 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3200 | 11.330 |
3 | 12029 | 11.320 |
4 | 10599 | 11.310 |
8 | 18440 | 11.300 |
3 | 11993 | 11.290 |
Price($) | Vol. | No. |
---|---|---|
11.400 | 1054 | 2 |
11.410 | 300 | 1 |
11.420 | 2006 | 2 |
11.430 | 7793 | 1 |
11.450 | 24157 | 2 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
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PDN (ASX) Chart |