At the end of the day, the SP will simply respond to positive news announcements by the company, not by what the charts and price movements say over preceding weeks/months. The news will drop when it drops, regardless of whether the price action shows compression etc. By all means wait on the sidelines for the big news, but be prepared to pay a premium on the way up. It seems to me to be unneccessarily risky to be completely univested when the SP is at the low end of its range.
all imho, dyor
At the end of the day, the SP will simply respond to positive...
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Last
$2.22 |
Change
-0.070(3.06%) |
Mkt cap ! $418.7M | |||
| Open | High | Low | Value | Volume |
| $2.30 | $2.31 | $2.20 | $1.869M | 833.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9727 | $2.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.25 | 14320 | 3 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
$2.24 |
Change
-0.070 ( 1.53 %) |
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| Open | High | Low | Volume | ||
| $2.28 | $2.30 | $2.20 | 159402 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| WBT (ASX) Chart |