Just running through a few of my remaining holdings in what are very uncertain times. I noticed WTC previously made a head and shoulder pattern which I had missed previously. While of academic interest only, the 100% extension of that pattern (the green horizontal line) falls exactly on this weeks low. Also Fibonacchi extension of Elliott Wave A from the top of Wave B pretty much ties up with that same potential bottom. For the Elliott Wave aficionados, I think we are probably looking at a large scale Wave 1 and 2 in the chart with the A,B waves referred to being sub-waves.
A good omen for a recovery from here, but charting is a perilous undertaking when sanity seems to have left the building. That said, if WTC was to make a green bar next week and close above the resistance level that it presently sits below (red horizontal dashed line), it might be time to buy a few more.
- Forums
- ASX - By Stock
- WTC - Chart
Just running through a few of my remaining holdings in what are...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WTC (ASX) to my watchlist
|
|||||
Last
$95.78 |
Change
-0.390(0.41%) |
Mkt cap ! $32.16B |
Open | High | Low | Value | Volume |
$95.62 | $96.20 | $95.62 | $969.0K | 10.11K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 12 | $95.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$95.89 | 78 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 18 | 96.020 |
3 | 37 | 96.010 |
1 | 5 | 95.990 |
3 | 55 | 95.980 |
1 | 11 | 95.970 |
Price($) | Vol. | No. |
---|---|---|
96.090 | 27 | 5 |
96.110 | 25 | 1 |
96.140 | 42 | 3 |
96.160 | 52 | 2 |
96.180 | 5 | 1 |
Last trade - 10.34am 24/07/2024 (20 minute delay) ? |
Featured News
WTC (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online