The SP is close to testing the support trendline and if respected IMHO should bounce hard provided the general market remains positive. The Stochastic is extremely over sold and the last time it was in this region was Aug 08 and the resultant SP rise was significant.
To add to this is the sizable gap to be filled in the 27 to 27.80 region.
I am long today at 27.63 with stops in place should it breach the support.
The SP is close to testing the support trendline and if...
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Last
$33.49 |
Change
-0.305(0.90%) |
Mkt cap ! $40.97B | |||
| Open | High | Low | Value | Volume |
| $33.57 | $33.65 | $33.41 | $23.06M | 688.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 3066 | $33.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.49 | 2631 | 26 |
View Market Depth
| Last trade - 15.50pm 01/07/2024 (20 minute delay) ? |
| WOW (ASX) Chart |