WEB 0.11% $9.23 webjet limited

crazy ooking chart pattern

  1. 3,147 Posts.
    Any technical analysts out there with a view on Webjet's daily chart? It has a strange looking pattern when viewed over a year, particularly from Nov 2103 to date.

    On a fundamental basis the company looks strong with new growth opportunities opening up overseas to help offset any stagnation in the Oz market and no debt. However, the SP is obviously under pressure at the moment and I'm wondering if the chart pattern reveals anything to TA experts.

 
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