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5.26%

2.0¢ wellnex life limited

reckon it is just closing the gap, ...guessing it will finish...

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Beazley74

72 Posts.

07/12/17

15:26

Post #: 29457728
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Originally posted by burntgamber ↑

Opened well on the announcement at $1.84 and briefly rose to $1.89.

Since then the share price has steadily retreated back $1.62 (last traded price at 2:47pm AEST). Looks like sellers have just taken the opportunity to sell into the announcement.

Just confirms that the downtrend is still in play. If WHA closes below $1.62 then its likely it will fall below $1.50 in the next couple of days. On a technical 50% retracement from $2.78 mid-November high would give $1.39. A 55% retracement on $2.78 would be $1.25. These could be the next levels of support if indeed the downtrend will continue even if its short term since WHA is volatile and easily moves +/- 10% a day.

If WHA can close above $1.75 today that would be a good sign, but it will need to be followed up with another 2-3 positive trading day and break $2.

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reckon it is just closing the gap, ...guessing it will finish day mid $1.70's

WHA Price at posting: $1.58 Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 2.0¢		Change 0.001(5.26%)		Mkt cap ! $26.63M

Open	High	Low	Value	Volume
2.0¢	2.0¢	2.0¢	$20	1K

Buyers (Bids)

No.	Vol.	Price($)
1	270321	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.1¢	83760	2

View Market Depth

No.	Vol.	Price($)
1	270321	0.020
3	1210151	0.019
2	73217	0.018
5	450000	0.017
3	186375	0.016

Price($)	Vol.	No.
0.021	83760	2
0.022	589999	3
0.023	894111	6
0.024	330976	1
0.025	534308	6

Last trade - 11.11am 18/09/2024 (20 minute delay)

WNX (ASX) Chart