Hi Petunia,
It doesn't matter that you sold out. Charting is only a probability based exercise, so what I posted may not eventuate. All the chart does is give us some guidance and show us whether the pendulum of probability is swinging in our favour or against us. At the moment it appears to swinging in favour of a higher WOW price.
I expect that WOW will continue to rally because its main rival, Wesfarmers is powering along. IMHO WES is powering along because the market expects a strong result - especially from its Coles stores. If Coles does perform strongly, then the belief will be that WOW will perform equally as strongly. Topography always works in the market.
And as you said, you have to develop and follow your own ideas and that is central to successful trading/investing.
Cheers
Hi Petunia,It doesn't matter that you sold out. Charting is only...
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Last
$33.79 |
Change
-0.090(0.27%) |
Mkt cap ! $41.27B | |||
| Open | High | Low | Value | Volume |
| $34.00 | $34.10 | $33.68 | $66.46M | 1.964M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 965 | $33.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.79 | 11715 | 4 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WOW (ASX) Chart |