XAO 0.69% 7,952.3 all ordinaries

STTCOMP WFE, TA Short SOI = 2.42b MC = ~$48m There's been a...

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    STTCOMP WFE, TA Short
    SOI = 2.42b
    MC = ~$48m
    There's been a solid pump on this stock and today was the first sign of weakness. There were nice green candles on increasing volume over the past few days but today it was met with supply and smacked back down. It was pushed back up in the afternoon to close around the middle of the candle and made a nice indecision doji, a good indication of a possible reversal. Wouldn't be surprised to see it pumped up a little higher but expecting it to fall further in the next 4 weeks, unless they can find an acquisition quick smart.

    WFE Daily - 27-03-18.JPG
    Last edited by Christophfff: 27/03/18
 
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