There is still a lot of supply above which needs to be absorbed. We've come off a double bottom into an obvious sell target with a 50% return for those who bought it. That's a good return on any trade. Factor in those who've been in pain from buying the previous tops and will want to exit on breakeven I'd expect some noise around here.
The breakout trade starts around the 4.0 to 4.25 level I guess.
There is still a lot of supply above which needs to be absorbed....
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Last
$2.08 |
Change
0.030(1.46%) |
Mkt cap ! $394.6M | |||
| Open | High | Low | Value | Volume |
| $2.06 | $2.08 | $2.02 | $660.1K | 322.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18111 | $2.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.08 | 3230 | 1 |
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| Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
| WBT (ASX) Chart |