The chart above starts from the high of around $51 back in 12/07.
This sector is certainly going through a sudden (unexpected?) re rate since early October and an ebb tide lowers all boats. A few astute punters have proffered some (most?) companies in this sector are (have been) going through a profitless boom........which would appear to have some merit. Although the chart (above) indicates the WOR share price is still in a down trend it has some way to fall before a test of the next MAJOR support level.........@ around $10.15c.
The chart below starts from the low of around $2.75c. back in 02/16.........and is (has been) only a counter trend correction against the primary (down) trend.
Just my take.
Cheers.
[ATTACH] The chart above starts from the high of around $51 back...
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Last
$13.86 |
Change
-0.120(0.86%) |
Mkt cap ! $7.649B | |||
| Open | High | Low | Value | Volume |
| $14.11 | $14.16 | $13.86 | $12.08M | 868.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 13996 | $13.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.87 | 2900 | 1 |
View Market Depth
| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| WOR (ASX) Chart |
