STTCOMP WPP, TA Long (ASX: BOT – Stw Communications Group) SP:...

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    STTCOMP WPP, TA Long
      
    (ASX: BOT – Stw Communications Group)
    SP: 80.5c
    MC: $685Million
    Cash: $6,249,927Million
    Shares: 852,151,870

    WPP historical low just hit today @ 80.5c, previous low was 81c.
    From a TA perspective it is likely to bounce of resistance as the sell-down happening the past few weeks has been on reducing volumes. Sell side is also reducing with buy side numbers remaining relatively the same, i.e. it's being soaked.

    wpp.JPG
 
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