Nope. In the last couple of weeks, every time NASDAQ went up a lot, WTC dropped about 2%. The volume was tiny. People are waiting to see how WTC go with new products. Unless it does better and shows a solid future, it's hard to overcome the price point 33-34 to set up a new leg to the upside. I also see a risk. When WTC announces earnings in Aug, the US markets might be falling sharply as the US side is just too inflated right now. So, even if WTC announces good earning, it might not have a leg up. I plan to exit around 33 and sit on the sideline for a while.
News: WTC Australia shares gain as U.S. infrastructure bill raises recovery hopes, page-2
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Last
$134.73 |
Change
4.000(3.06%) |
Mkt cap ! $45.06B | |||
| Open | High | Low | Value | Volume |
| $131.67 | $134.97 | $130.37 | $62.62M | 467.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 54 | $134.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $134.77 | 238 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| WTC (ASX) Chart |