The WOR share price has certainly been hammered since the high of $20.03c. (adjusted for the issue) on 12/09/18.........and has respected the (anticipated) 'line in the sand'.......the lower (orange) horizontal line.
The first sign of a break to the current down trend IS a CLOSE above $13.32c...........the gap up open, on 30/11, @ $13.33c. obviously did not follow through.
By any measure, the WOR share price has been oversold, and the next SIGNIFICANT support/resistance level test in THE coming rally is common to both the long term UP TREND and recent short term DOWN TREND........$15.08c.-$15.12c.
Just my take.
Cheers.
The WOR share price has certainly been hammered since the high...
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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 |
