Another stock that i found interesting was WOW.
We can clearly see a 5 wave advance, and the last swing high has put in a RSI divergence, so suggests its a 5th wave of a 5 wave structure.
After a 5 wave advance is complete (note this is a monthly chart) we should see a 3 wave correction.
So if this has indeed topped a large 5 wave advance, i am expecting a corrective phase in 3 waves, once that could see a decline towards $18.00-$16.00.
It needs to ideally stay under the $36.00 area, although i suspect if we see a substantial decline, we would should see the XJO puke as well, so a broad based selling would be the likely out come.
Nouf
Another stock that i found interesting was WOW.We can clearly...
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Last
$29.40 |
Change
0.200(0.68%) |
Mkt cap ! $35.91B | |||
| Open | High | Low | Value | Volume |
| $29.35 | $29.51 | $29.26 | $50.55M | 1.705M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2 | $29.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.40 | 1050 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| WOW (ASX) Chart |