WOA 5.56% 1.7¢ wide open agriculture ltd

WOA - Charting, page-91

  1. 257 Posts.
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    I see a possible cup and handle formed on the daily that could be a good set up to test an entry. Today i see the price hit the 200 ema which was in convergence with the lower channel of the handle. Looking for a bounce in price before breaking the upper handle channel with decent volume to signal an entry, with a measured target of around $1.2ish. If the handle channel is invalidated i will be looking to see if price is supported at the green trend line, and if not then the red channel bottom converging with horizontal support could be on the cards if lupin, oat up progress isnt as expected.
    markets are looking uncertain at the moment but agriculture plays may see some interest as part of the 'inflation trade'?

    Note this is not advice and i am an amateur!

    Daily overview
    https://hotcopper.com.au/data/attachments/3174/3174922-dd8b6edf254a25d96cec0d643fa29381.jpg
    Daily, showing C&H setup. price and volume are pretty much synchronized in the setup.
    https://hotcopper.com.au/data/attachments/3174/3174925-67860a8f2ee8aa2ffbe5bc59f7c2ed88.jpg
 
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Last
1.7¢
Change
-0.001(5.56%)
Mkt cap ! $3.799M
Open High Low Value Volume
1.7¢ 1.7¢ 1.7¢ $12.78K 752.0K

Buyers (Bids)

No. Vol. Price($)
6 577930 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.8¢ 209861 2
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Last trade - 15.35pm 12/07/2024 (20 minute delay) ?
WOA (ASX) Chart
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