WGN is a little illiquid for my taste and with only has a few years of chart history, it is difficult to chart. Elliott Wave count is unclear. Price needs to break above $1.32 to confirm a new uptrend. A close above that level would also suggest a target of $1.69 – a potential gain of 30% on this week’s close. On the negative side there is no obvious stop loss level with the first being 30% below current price and while price has made a higher weekly peak the preceding trough was a lower trough . The rising price channel (flag) is another concern as price usually falls down, not up, out of rising flags and such a move might fit better with Elliott Wave Theory (Wave 4 can't intrude into the range of Wave 1).
This is a high risk trade where entry needs to be conditional on price making a higher weekly peak.
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WGN is a little illiquid for my taste and with only has a few...
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Last
87.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $163.2M |
Open | High | Low | Value | Volume |
86.0¢ | 87.0¢ | 84.0¢ | $25.11K | 29.79K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 55000 | 82.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
87.0¢ | 8427 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 55000 | 0.820 |
1 | 3000 | 0.810 |
2 | 6240 | 0.805 |
2 | 3126 | 0.800 |
1 | 150 | 0.780 |
Price($) | Vol. | No. |
---|---|---|
0.870 | 8427 | 1 |
0.890 | 5800 | 1 |
0.900 | 2692 | 1 |
0.905 | 10404 | 2 |
0.910 | 5000 | 1 |
Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
83.5¢ |
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Change
0.000 ( 4.02 %) |
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Open | High | Low | Volume | ||
84.0¢ | 84.0¢ | 83.5¢ | 10684 | ||
Last updated 11.49am 16/05/2024 ? |
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WGN (ASX) Chart |