I dunno Kink, I just can't see why a graphical representation of the Sp of Wow in tandem with weaker volumes can indicate the future of this stock is it to halve in price? Where do you pluck $13-15 from?
It's still a steady company with minimal debt selling the basics of life. It's growth is still around the 10% mark, it's still expanding, it's competitors aren't really chewing into its market share by any significant factor. For it to fall to $13-15 this would have to happen fast; within a 2 year timeframe before (roughly) things start marching on again.... I just think the recent correction has run its course and WOW will just creep over $25 by the end of the week. Just steady ho-hum stuff beyond that; nothing radical, just minor choppiness beyond that.... boring but not the precipice stuff you describe.
I don't read charts or tarot cards or tea leaves to reach my evaluation of a particular stock; just a bit of basic common sense connecting to the marketplace, its environment and a whole gambit of extra-company conditions that have a reasonable chance of influencing a stocks future. A holistic approach within my intellectual (however limited) capabilities.
I love to gamble. I'd take even money that WOW hits $30 before it hits $15 anyday irrespective of economic downturn or any other factor. Logic seems to be against your predictions; and history doesn't necessarily always repeat.
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I dunno Kink, I just can't see why a graphical representation of...
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Last
$34.78 |
Change
0.480(1.40%) |
Mkt cap ! $42.48B |
Open | High | Low | Value | Volume |
$34.56 | $34.83 | $34.44 | $94.78M | 2.747M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 99 | $34.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$34.80 | 626 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 287 | 34.750 |
1 | 20 | 34.730 |
1 | 20 | 34.600 |
1 | 500 | 34.500 |
5 | 118 | 34.300 |
Price($) | Vol. | No. |
---|---|---|
34.820 | 746 | 1 |
34.840 | 2021 | 3 |
34.850 | 7525 | 4 |
34.870 | 910 | 2 |
34.880 | 1160 | 3 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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