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.
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Just running through a few of my remaining holdings in what are...
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Last
$94.10 |
Change
-0.040(0.04%) |
Mkt cap ! $31.37B |
Open | High | Low | Value | Volume |
$94.87 | $94.87 | $93.17 | $58.31M | 620.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 11 | $93.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$94.11 | 649 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11 | 93.770 |
1 | 11 | 93.750 |
1 | 12 | 93.740 |
1 | 11 | 93.720 |
1 | 1 | 93.640 |
Price($) | Vol. | No. |
---|---|---|
94.130 | 63 | 1 |
94.170 | 2012 | 1 |
94.280 | 2012 | 1 |
94.370 | 300 | 1 |
94.380 | 2012 | 1 |
Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
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WTC (ASX) Chart |