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
$1.75 |
Change
-0.090(4.89%) |
Mkt cap ! $451.0M |
Open | High | Low | Value | Volume |
$1.80 | $1.81 | $1.75 | $1.034M | 585.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 8847 | $1.75 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.78 | 1829 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 8847 | 1.750 |
5 | 20066 | 1.745 |
4 | 18329 | 1.740 |
1 | 1829 | 1.735 |
1 | 1829 | 1.730 |
Price($) | Vol. | No. |
---|---|---|
1.775 | 1829 | 1 |
1.780 | 1829 | 1 |
1.785 | 1829 | 1 |
1.790 | 1829 | 1 |
1.845 | 540 | 1 |
Last trade - 16.10pm 23/05/2024 (20 minute delay) ? |
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Last
$1.76 |
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Change
-0.090 ( 4.27 %) |
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Open | High | Low | Volume | ||
$1.80 | $1.80 | $1.75 | 45086 | ||
Last updated 15.59pm 23/05/2024 ? |
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