The recent break above the previous high has propelled WOW further north into a new trading range. $34 destined to become the new support.
With the domestic economy strong and jitters affecting stocks exposed to the US market it is now wonder funds are moving into this solid defensive stock.
It will take years for the "new" coles/wesfarmers to make any significant inroads into WOW's market share - in fact, during the transition phase WOW is likely to surge further ahead.
PS: "Ihavenoidea" - the WOW downramper par excellence - has to be pitied for what appears like a full frontal lobotomy that is affecting his reason and rationality when it comes to this stock
the wow factor
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Last
$33.63 |
Change
0.630(1.91%) |
Mkt cap ! $41.08B | |||
| Open | High | Low | Value | Volume |
| $33.60 | $33.86 | $33.50 | $195.7M | 5.778M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 41507 | $33.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.63 | 1606 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| WOW (ASX) Chart |