How low could it go? There are 3 support/trend lines now coming into play. First is the short term lower down trend line at $2.55 region, then the last low at $2.47 which if breached means we are still in wave 2 of 3 and last is the long term lower up trend line at $2.30 region. Wave 2 of 3 is usually pretty devastating so if $2.47 goes the $2.30 trend line looks juicy. Of course there are no crystal balls but if $2.55 holds then the upper short term trend line at $3.05 region is the next target. Volume is very low and option expiry in 6 weeks is the unknown. Feels like a game of chicken with many hoping price will rise to help conversion.
How low could it go? There are 3 support/trend lines now coming...
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Last
$1.83 |
Change
-0.045(2.40%) |
Mkt cap ! $345.7M | |||
| Open | High | Low | Value | Volume |
| $1.87 | $1.87 | $1.82 | $833.2K | 454.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 720 | $1.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.85 | 2308 | 1 |
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| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| WBT (ASX) Chart |