Just thinking out loud, so please feel free to shoot this down.
if the accumulation is running from 5.50-7.50 ( or 6-7) and shorters are generally running it down from 7 to 6, does that tell us that these players see 7-7.50 as a future support, (post qualification)?
I.m jist thinking intuitively, is there anything on the charts that might support this? Any resistance around that level that would indicate a future support?
Charts, page-3945
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Last
$2.51 |
Change
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Mkt cap ! $474.1M | |||
| Open | High | Low | Value | Volume |
| $2.55 | $2.56 | $2.50 | $658.3K | 260.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4000 | $2.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.53 | 3114 | 2 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |