It is interesting that except for myself no one disputed the formation on a "Megaphone Bottom" pattern, which would have required the continuation of the rise in SP to the breakout/confirmation point. So far that didn't happen and so I wonder if someone block the megaphone, because I haven't seen any retraction from ComSec or Recognia?
Today WKT got back to 27c support and a little closer to possibly confirming the new TED (Trend Ending Diagonal), I mentioned on Sunday and posted a chart yesterday. Sure it is a hourly chart, but it zooms right into the action as it is taking place and therefore is telling the story. The question is simple, will the TED confirm or won't it? If it does confirm will it play out like the larger longer term TED did. Well the targets are set!
Anyway here is the updated chart showing what's going down!
WKT - Chart, page-1656
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10.0¢ |
Change
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Mkt cap ! $67.12M | |||
| Open | High | Low | Value | Volume |
| 9.9¢ | 10.0¢ | 9.7¢ | $33.71K | 342.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 72606 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 271117 | 4 |
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| Last trade - 15.13pm 14/08/2024 (20 minute delay) ? |
| WKT (ASX) Chart |