Bearish potential detected for WEBEntry conditions:
(i) lower share price for ASX:WEB along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) observing market reaction around the share price of $4.54 (open of 26th June).
Stop loss for the trade would be:
(i) above the declining 50 day moving average (cur
WEB TRAVEL GROUP LTD
No trades
2,281.82
0.00 USD
131.39 M USD
214.14 M USD
About WEB Travel Group limited
Sector
Industry
CEO
John Guscic
Website
Headquarters
Melbourne
Founded
1980
IPO date
Dec 18, 1997
Identifiers
3
ISIN US9477001005
WEB Travel Group Ltd. provides online travel booking services. It is an online travel agency, which enables customers to search and book the domestic and international travel flight deals, travel insurance, car hire, and hotel accommodation worldwide. The Company was founded by David Clarke, Allan Nahum, and John Lemish in 1998 and is headquartered in Melbourne, Australia.
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Web Travel Group Limited Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Web Travel Group Limited Stock Quote
- Double Formation
* (Diagonal) | Completed Survey & Entry Bias
* 012345 Wave Feature | Subdivision 1
- Triple Formation
* (Target Entry Or Gap F
180x Price To Earnings for a 5% profit margin?Webjet is trading at 180x Price to Earnings ratio, whilst having roughly a 5% profit margin. The company is has only just returned to profitability post covid, and the stock price is ridiculously valued.
Webjet caters to the shrinking demographic of those not booking their flights / accomodation di
WEB_Long on Retracement after breakoutWkly:
RS < 0; FFI > 0
MACD Bullish
Stoch D% > 70 + K% > 60
RSI > 50
Daily:
RS + FFI > 0
MACD Bullish
Stoch D% + K% > 80
RSI > 60
Good volume breakup on 25 Aug followed by low vol retracement; strong trend continuation w/ volume on 31 Aug 21
Entry: $ 5.64
SL: $5.30
TP1: $6.20
WEB.ASX_Range Breakout and Retracement Trade_LongENTRY: 5.58
SL: 5.30
TP: 6.22
- ADX>20
- RSI<50,RSI<70
- Daily RS +ve
- Daily FFI +ve
- Daily MACD +ve
- Weekly RS -ve
- Weekly FFI +ve
- Weekly MACD +ve
- Breakout of range on 25 Aug 2021. Retraced with lower volume to resistance-turned-support.
- Buyers coming in on 31 Aug 2021.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.









