Hourly chart below back to January when we hit the last ATH (around same levels).
Last time it topped out and went down as fast as it went up.. This time around we have seen some nice consolidation at the highs..
Importantly the RSI on the two are a stark contrast. RSI topped out last time whereas this time around we seem to have plenty to go,.
Daily below. Once again RSI was pretty well cooked back in Jan at the highs. This time we have only just hit the top and WA1 has demonstrated before it can spend a few weeks before the RSI starts to drop.
This looks like a big F-off Cup and Handle to me....if it is I suspect it could look to put on somewhere between $4-5 on this move.
wa1 Chart, page-2088
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Last
$16.66 |
Change
-0.700(4.03%) |
Mkt cap ! $1.021B | |||
| Open | High | Low | Value | Volume |
| $17.42 | $17.73 | $16.66 | $4.686M | 275.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2539 | $16.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.76 | 2303 | 1 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$16.84 |
Change
-0.700 ( 2.24 %) |
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| Open | High | Low | Volume | ||
| $17.49 | $17.70 | $16.72 | 6728 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| WA1 (ASX) Chart |