The hour chart gives us a prediction of 318.76 approximately on 2 Nov, the range for reversal is 312.6 to 344.88 - being the 78% and 61% fibs respectively. A drop below 312 would have to be considered problematic as it approaches cancelling the hour chart's wave 1. A drop below 275 is definitely a problem, but one might consider that unlikely given the stated progress towards additional signings. Obviously a second signing changes everything, but my instinct is they will need at least 3 to have a more permanent effect on the SP.
On the plus side, a reversal in the range stated gives a wave 3 target of between 608 and 639.
The hour chart gives us a prediction of 318.76 approximately on...
Add WBT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.43 |
Change
0.030(1.25%) |
Mkt cap ! $458.3M | |||
| Open | High | Low | Value | Volume |
| $2.40 | $2.48 | $2.16 | $9.441M | 4.101M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12079 | $2.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.43 | 29995 | 1 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$2.44 |
Change
0.030 ( 0.27 %) |
||||
| Open | High | Low | Volume | ||
| $2.44 | $2.48 | $2.16 | 659692 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| WBT (ASX) Chart |