Not convinced the run is sustainable 35% increase from recent lows with no retracements, high pe, lowered eps and dividend, market where most consumes are struggling, entered oversold, double top and not as much volume as I'd like to see for a 70 push. Will be watching for any changes but could definitely see a retracement to 40-50 should it play out how where it seems to be going. It needs a healthy correction to continue an uptrend on, so short term probably 50-55 but over a longer timeframe 40s are not out of the equation. Would be good though as it presents a great value opportunity to re buy
Not convinced the run is sustainable 35% increase from recent...
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Last
$66.26 |
Change
0.650(0.99%) |
Mkt cap ! $74.88B | |||
| Open | High | Low | Value | Volume |
| $66.01 | $66.40 | $65.89 | $19.53M | 295.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 144 | $66.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $66.26 | 163 | 1 |
View Market Depth
| Last trade - 11.38am 06/06/2024 (20 minute delay) ? |
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Last
$66.14 |
Change
0.650 ( 1.19 %) |
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| Open | High | Low | Volume | ||
| $65.99 | $66.40 | $65.90 | 26758 | ||
| Last updated 11.57am 06/06/2024 ? | |||||
| WES (ASX) Chart |