Quick update on the weekly.
Firstly from $2 low WBT is up 87% in 10 weeks to $3.73 at close today. Considering the wider market conditions that is a remarkable achievement and speaks to the global market appeal of WBT and its recognition as part of the ReRam disruption taking place.
The strength of this rally is clear when compared to the run to $4.47, particularly this weeks bar.
It now has the launch pad to break back into the long term trend channel that is just above and has support between $3.50- 3.60 referenced by the horizontal line just below.
It still appears this uptrend has plenty of legs and is showing its undoubted strength.
"A thing of beauty is a joy to behold"
Charts, page-3326
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Last
$1.99 |
Change
-0.040(1.97%) |
Mkt cap ! $375.9M | |||
| Open | High | Low | Value | Volume |
| $2.05 | $2.06 | $1.97 | $1.546M | 769.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7555 | $1.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.00 | 485 | 2 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| WBT (ASX) Chart |