New Buy Entry Alert WTC
Time Frame : Daily/Weekly
Sector : Software and Services/Technology
Key Stats : $5.36 Billion Market Cap, VWAP 17.859, ASX Ranking 80, 4 Week Av Turnover $13,262,388, Current Turnover (Intraday as at time of alert) $1,093,094.
Company Overview : Wisetech Global Limited (WTC) is the provider of software to the logistics services industry globally. WTC develop, sell and implement software solutions that enable logistics service providers to facilitate the movement and storage of goods and information domestically and internationally. It’s flagship product is CargoWise One.
Broker Consensus : BUY/HOLD
WTC – Wisetech Global Limited
WTC is showing very positive signs now from the buyers as they hold price at higher levels and eye off new highs. We are now happy to buy on a push up through 18.76 and hold the stop loss at 17.40. If price falls down through 17.40 prior to entry, we are happy to cancel the alert and re-assess the action.
Stock Code : WTC – Wisetech Global Limited
Company Website : www.wisetechglobal.com
Current Price : 17.95
New Buy Entry (Trigger Level) : 18.76
Potential Sell Exit Zone (Stop Loss) : 17.40
Status : On watch for buy entry setup
