WES 1.92% $68.57 wesfarmers limited

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  1. 1,015 Posts.
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    "would be interested in chartists view."

    I am not a chartist, but a few weeks back I was listening to 2 chartists (can't recall names) on Sky Business Channel. This was a few days after the retail offer had closed and WES was trading around $16.

    One of the chartists opinion was that WES would probably rise from where it was then ($16 ish) to about $19.30 to $19.50. It would then fall back to about $13.50, before commencing a slow gradual rise that would bring it well in to the twenties and beyond.

    The are right so far on the rise to mid $19s. It will be interesting what happens over the next week. A fall back or does it continue to rise.

    Just to show where I stand, I sold half my holdings a week or so ago at $18.27 and intend to buy back in if it falls as they suggested. If not, I am happy to take some profits (I got these as additional shares under the retail offer) and will probaly switch to some other stocks I am interested in.
 
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Last
$68.57
Change
1.290(1.92%)
Mkt cap ! $77.77B
Open High Low Value Volume
$67.60 $68.88 $67.51 $107.7M 1.572M

Buyers (Bids)

No. Vol. Price($)
2 11951 $68.56
 

Sellers (Offers)

Price($) Vol. No.
$68.60 100 1
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
WES (ASX) Chart
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