1. Most Discussed
  2. Gainers & Losers
WBC $32.21

and here is another..

  1. ...Bank that is showing signs of chart failure.

    Easy to find the 61.8% retracement at $13.82.

    Then look at the daily bar chart to see what a struggle WBC is having to put into holding this level.

    I see a revisit of $11.90 some time soon.

    Why? Buggered if I know but I'm happy to just listen to what the market is telling me.

DISCLAIMER:
Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.

Top