The chart pattern is showing a "cup n handle", go long if we can breakout of this resistance $5.86 More on cup n handle pattern. www.investopedia.com
Hello Fellow Trader! WEB.ASX sitting inside the channel awaiting any type of Covid related vaccine news for possible expansion. Key levels broken at $4.00 with volume support now testing resistance at $4.20. A breakout could suggest $5.00 target at a minimum within the trend channel. WEB.ASX bottomed out in April but failed to break the low soon after. With...
Couple of weeks ago when analysing some Oz Stocks one of the few who got our attention was Webjet. WEB is a travel agency operating in Australia and New Zealand, with customers across global consumer and wholesale markets. Fundamentals are still not great around the travel industry but the technicals on this instrument are suggesting a 200% rally aiming the 8.50$...
Long on Web Jet At bottom This is an investment, so wont be selling for a couple of Years, or until hit T1