WBT 1.21% $2.51 weebit nano ltd

Charts, page-2790

  1. 2,835 Posts.
    lightbulb Created with Sketch. 1929
    Todays close on the weekly is important. Would love to see buyers re entering today.

    IMHO, there are 3 temporary factors holding the SP back:
    1. Skywater missing their revenue forecast ( temporary as the DoD contract was delayed )
    2. Sector sentiment overflow from 4DS getting hammered. ( fund should eventually reallocate to WBT )
    3. Early exercising of 45c call options. Some being sold to pay the 45c strike price. ( means more money in the bank and less need for CR )

    The volume of this pull back from $3.89 has been light and generally an indication of a consolidation.

    Fresh buyers will emerge with more news.





 
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