We had a textbook break through of last week's resistance today on reasonably high volume. Now the stock can take one of two paths. Charge higher tomorrow to my short term 36.5c target, or backtest the 27.5c-28c area. Given market conditions, it's more likely to be the later, but provided that level holds then its looking quite bullish for WEC in the short term. All momentum indicators gave a buy signal today with breaks of their respective signal lines. Its fair to say that this is one of a just a couple of stocks that I'm comfortable enough in holding overnight with the markets as they are.
june 22 chart, page-5
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 (20min delay)
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Last
4.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.158M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35710 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.12pm 02/12/2024 (20 minute delay) ? |
| WEC (ASX) Chart |
Day chart unavailable
