WES trading might not be level headed, the Chaikin Oscillator, volume over 5d, has suggested that market has been converting from selling/ shorting WES scrip to buying WOW scrip due to the KKR rumors.
Regardless of what happens to WOW (either TO bid or no bid and they would need to stump up about $30-35 for WOW to get their TO bid accepted), WES is for a short term tumble.
Long term all good, WES should do fine and turnaround Homebase but for the short term, a skullduster could occur, stochastics suggest we could back down to $40.50 again.
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