$WBT - Price target $5.23Weebit Nano onto a bull run. Price target $5.23. In respect to Fibonacci extensions and cloning. My outlook is very bullish, cornerstoned by recent company performance
Key stats
Market capitalization
961.97MAUD
Dividends yield (FY)
—
Price to earnings Ratio (TTM)
—
Basic EPS (TTM)
−0.16AUD
About WEEBIT NANO LTD
ISIN
AU000000WBT5
Sector
Electronic Technology
Industry
Semiconductors
Website
weebit-nano.com
CEO
Jacob Hanoch
Headquarters
Melbourne
Founded
2010
Weebit Nano Ltd. engages in developing and commercializing silicon oxide and Resistive Random-Access Memory technology. Its products are used in various applications, such as in computers, consumer electronics, smartphones, tablets, enterprise storage, automotive infotainment and navigation systems, healthcare, wearables and IOT. The company was founded in 2015 and is headquartered in Melbourne, Australia.
Learning TAAny thoughts on this? As a beginner, I drew this. I feel its a god entry point if it breaks $4 resistance. MACD indicates good entry point??
Not sure of MA. Looks like the candles are not respecting MA 20 and MA 100.
Please feel free to provide suggestions. Also I am open for any recommendations fo
WBT - Trade PlanWBT has been consolidating on Support and the recent price action gives confidence that the Bulls are in control and want to take price higher as the price has been unable to break Support. I am bullish WBT and my trade plan is given below:
TP - $2.30 (potential 20% profit)
Stoploss - $1.670 (below
Weebit sitting on support at $2.50 Good entry here if you believe in weebit's product. I personally like the company and have taken a position with a stop at $2.10. Quite a hefty 20% stop, but i dont think it will get below the $2.30 mark, and if it does, it wont stay lower then that for long. Its a strongly backed company and i see
Watching Weebit for a break of trendCapital Raise at $1.70, pretty strong resistance at $1.80. A break of trend will see $2 hit and some positive news will have a good push to new highs.
2 options, wait for trend line to be broken, and buy in with a stop loss at $1.80, or buy in now with a stop loss at $1.70.
If it closes above $1.9
WBT... Weebit Nano bullish intentions (?)Short term bullish sentiment with a little consolidation period perhaps to follow. I'm now holding stonks, with slightly long view, able management & some possible tech catalysts to unfold early 2021.
WBT... short term bullish sentiment?Ideas?... welcome. But I'm holding to long, positive on the corporate direction whilst awaiting the catalyst to unfold. But DYOR.
ASX:WBT - Weebit testing the top of the flagStill within the flag, so not a long signal just yet, but MACD divergence is a good sign.
See all ideas
Income Statement
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