If anyone knows about and appreciates OBV and the power of positive divergence on OBV, then, you will notice that WOW's is displaying huge positive divergence on the weekly OBV. This indicates there is upside from here.
OBV showed positive divergence in 2011 and huge upside followed.
The move down from $38 to $29 also matches with the move down from $34 to $25.
In my opinion, the damage has already been done and accounted for.
Is WOW going to get "Smashed" on results?, page-3
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Last
$33.67 |
Change
0.040(0.12%) |
Mkt cap ! $41.08B | |||
| Open | High | Low | Value | Volume |
| $33.69 | $33.77 | $33.50 | $7.903M | 234.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 733 | $33.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.68 | 1328 | 8 |
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| Last trade - 10.32am 24/06/2024 (20 minute delay) ? |
| WOW (ASX) Chart |