Looks like it was a pump from Bell Potter (per Woody above) and the latest attempt to breach 150 meaningfully has turned into a failed 2 day campaign, despite the promising volume yesterday.
By my calculations we have now seen 7 failed attempts to clear $1.50 since the SP dropped below $2 in Mar 2023.
Every time it fails to sustain the rally and falls back.
This has developed into some pretty serous resistance in TA terms and I expect it will take some positive news on commissioning et al to breach 150. Have to say it looks like another drift back to support @ 120 region.
Daily chart below has given off a sell signal on price and I expect RSI will do same ( cross below 70 on way down) by the close of Today.
I leave my sentiment on buy, as it is long term, but actually short term sentiment is a sell and buy back in when RSI gives off the buy signal.
GL
Wazz
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Last
$1.58 |
Change
0.025(1.61%) |
Mkt cap ! $407.2M |
Open | High | Low | Value | Volume |
$1.57 | $1.59 | $1.55 | $419.0K | 268.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2200 | $1.56 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.58 | 5871 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2200 | 1.555 |
1 | 1670 | 1.550 |
3 | 29029 | 1.545 |
1 | 1670 | 1.540 |
2 | 2321 | 1.535 |
Price($) | Vol. | No. |
---|---|---|
1.580 | 5871 | 3 |
1.585 | 1670 | 1 |
1.590 | 1670 | 1 |
1.595 | 1670 | 1 |
1.600 | 4216 | 2 |
Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
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