Hi CSM, From a fundamental perspective I agree that 37 is closer to what I think WA1 would be valued at this time and I can certainly make a case for that using Fib lines but the 29.75 target is just sooooo perfect on the chart. I can also make a case for 29.75 being a pit stop on the way to 37. We might see one of those wizza wazza sideways vibrations like we saw at around 18 bucks on the way up and then a move to 37 bucks. It's not a perfect science and in fact it is probably more art than science so yeah, I guess we will just have to wait and see.
wa1 Chart, page-2408
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Last
$13.73 |
Change
-0.020(0.15%) |
Mkt cap ! $896.4M | |||
| Open | High | Low | Value | Volume |
| $13.90 | $14.18 | $13.57 | $694.5K | 50.42K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 151 | $13.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.75 | 86 | 4 |
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| Last trade - 11.06am 10/10/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |