Technically there are two gaps to fill above $17.04 & $18.4.
market is realizing that the SP is oversold, nice bounce back from previous proven support at $15 & SP closing above 200 MA and well above moving average envelope...bullish pattern similar to previous 4 circled rallies, imo SP will keep on bouncing from the upper limit of moving average envelope. Technically chartist will take positions here because of connor’s rsi indicator is SP has to close above 200 MA & within 5% above 200 MA. There are two gaps above to close $17.04 & $18.14.. nice upside here imo
Fundamentally, Col is operating at PE of 19 & WOW is operating at PE of 29. Merely few wordings in two outlooks can’t create a different of PE10. The gap has to become narrow.
Target $18.5- Rally Time
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 (20min delay)
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Last
$16.42 |
Change
0.100(0.61%) |
Mkt cap ! $21.99B | |||
| Open | High | Low | Value | Volume |
| $16.22 | $16.46 | $16.21 | $60.27M | 3.675M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12044 | $16.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.42 | 151 | 1 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
$16.42 |
Change
0.100 ( 0.85 %) |
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| Open | High | Low | Volume | ||
| $16.21 | $16.46 | $16.21 | 500423 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| COL (ASX) Chart |