WBT 0.80% $2.53 weebit nano ltd

Charts, page-3898

  1. 1,245 Posts.
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    bullish if it can close above the liquidity void.
    Support found on lower vwap and has overcome the meaningful higher downward pressure vwap. Breaking out of channel quickly is nice for short time frame trade.

    https://hotcopper.com.au/data/attachments/5247/5247011-1cd77b784ca2b3348a8e8cbf73f8b9c0.jpg
    https://hotcopper.com.au/data/attachments/5247/5247079-f35cdd008b7cad8e2c99c8e077923b4d.jpg

    Daily is above all the emas I use, as well as vwap

    https://hotcopper.com.au/data/attachments/5247/5247031-f76d4f50b6b6a189f69f56232ba8ade3.jpg

    Price action is a bit weird so I'm a bit pensive. Lower time frame trades are working out but the big picture, if derived from price structure as seen in the chart, is a little difficult for me to be completely bullish with. The consolidation to the upside is a positive signal but it's placement in the chart is unusual. The volatility in WBT has likely attracted a lot of trader interest so sensitive levels (break out points, price hitting emas or other support concepts) will see some protracted movements. I think there are a lot of algos running various strategies, which is good liquidity, but will add to increased volatility. Working on lower time frames and catching 5% moves is quite attractive.
 
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Last
$2.53
Change
0.020(0.80%)
Mkt cap ! $474.1M
Open High Low Value Volume
$2.51 $2.54 $2.51 $93.57K 37.07K

Buyers (Bids)

No. Vol. Price($)
11 6416 $2.52
 

Sellers (Offers)

Price($) Vol. No.
$2.53 1347 4
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Last trade - 10.23am 16/07/2024 (20 minute delay) ?
WBT (ASX) Chart
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