I agree with others @jb206's posts are really good, you don't have to agree with his investment strategy but he is actually knowledgeable on the company and has shared some good stuff in the other threads for sure around competitors and NVM in general
But anyway back to the charts and price movement, we are very close to EOFY, people that sold for tax related purposes may start getting back in next month
I'm not a TA guy, for WBT I am purely waiting for news, and would think timing wise next month might start the turn around? Timing of directors buying on market ruled this month out for anything exciting + tax loss harvest, but I think things may turn next month...
Even with my limited TA knowledge looking at the chart things appear to be looking like they want to move one way or another and I am thinking its up, been hanging around 2.20-2.40 for a long time and the down trend seems to be losing power even with it being June.
Will be interesting to see what shortman says by second week of July.
If we can get a bit of a recovery going back into the 3s and then news hits.... the chart will look very nice indeed!
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$2.55 |
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0.120(4.94%) |
Mkt cap ! $481.4M |
Open | High | Low | Value | Volume |
$2.49 | $2.65 | $2.46 | $3.607M | 1.405M |
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No. | Vol. | Price($) |
---|---|---|
3 | 8185 | $2.53 |
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Price($) | Vol. | No. |
---|---|---|
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No. | Vol. | Price($) |
---|---|---|
3 | 8185 | 2.530 |
6 | 19214 | 2.520 |
2 | 4664 | 2.510 |
2 | 650 | 2.500 |
2 | 5100 | 2.480 |
Price($) | Vol. | No. |
---|---|---|
2.550 | 6422 | 1 |
2.580 | 4000 | 1 |
2.600 | 11573 | 3 |
2.610 | 221 | 1 |
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