WBT 1.49% $2.05 weebit nano ltd

I think a lot of buyers had been sitting on the sideline,...

  1. 2,906 Posts.
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    I think a lot of buyers had been sitting on the sideline, waiting to see the FOMC. I certainly know that I was keen to see the reaction the US market took. Nasdaq currently up 1.7% is a great sign and the santa rally can begin in earnest.

    From a charting perspective, the RSI and macd are all over sold, the volume is extremely light and the slope of the correction is flat. This all tells me a break of the channel will be savage. We are certainly due some news updates to light this fire.

    I plan on buying a chunk today. Hopefully the shorter is still there.
 
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