It is hardly blue sky above 19c with the shadow of a previous 64c high hanging over it.
When I did my Darryl Guppy courses (long ago), he indicated that with this sort of chart action (like we've had in relation to the WFC...and most other stocks around the world indeed), there will be many sellers as the rising sp meets their earlier entry point, and they are glad to have their money back.
Perhaps because the condition was so wide spread, the effect may be less than if it was a lone stock, but nevertheless, there will be some who will reclaim their money at various consolidation points on the way up. Hopefully the instos selling dump truck loads full at these points will be minimal.
IMO
It is hardly blue sky above 19c with the shadow of a previous...
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Last
83.5¢ |
Change
0.015(1.83%) |
Mkt cap ! $190.4M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 83.5¢ | 82.0¢ | $8.391K | 10.08K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8000 | 82.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.0¢ | 31246 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| NDO (ASX) Chart |