Australia's largest stock trading and investment forum Australia's #1 stock forum

WBT

Click for more information

1.80%

$2.26 weebit nano ltd

So, given your chart and view, why do you have a buy rating?

First 4347 Last

Share
Profile

Follow
wazzie2

993 Posts.

206

31/10/23

10:39

Post #: 70634541
Share

Originally posted by Darkstone: ↑

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.

Expand

So, given your chart and view, why do you have a buy rating?

WBT Price at posting: $3.56 Sentiment: Buy Disclosure: Held
3 Upvote

1 Great analysis

Reply

There are more pages in this discussion • 622 more messages in this thread...

First 4347 Last

Add WBT (ASX) to my watchlist

(20min delay)
Last $2.26		Change 0.040(1.80%)		Mkt cap ! $428.5M

Open	High	Low	Value	Volume
$2.27	$2.32	$2.22	$1.046M	462.5K

Buyers (Bids)

No.	Vol.	Price($)
9	92553	$2.25

Sellers (Offers)

Price($)	Vol.	No.
$2.27	4746	12

View Market Depth

No.	Vol.	Price($)
6	89416	2.250
11	23632	2.240
7	34771	2.230
10	46169	2.220
9	102804	2.210

Price($)	Vol.	No.
2.260	223	3
2.270	4481	10
2.280	8724	6
2.290	9976	5
2.300	35612	5

Last trade - 14.18pm 06/06/2024 (20 minute delay)


Last $2.27			Change 0.040 ( 1.53 %)
Open	High		Low	Volume
$2.28	$2.32		$2.22	53493
Last updated 14.39pm 06/06/2024 ?

WBT (ASX) Chart