Buyers kick price higher so time to be on the lookout for the entry setup

Potential Buy Entry Alert to Watch WTC

 

Time Frame : Daily/Weekly

Sector : Software and Services/Technology

Key Stats : $5.28 Billion Market Cap, VWAP 17.457, ASX Ranking 79, 4 Week Av Turnover $13,257,523, Current Turnover (Intraday as at time of alert) $1,004,233.

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 : HOLD/BUY

 

WTC – Wisetech Global Limited

WTC is on the move as buyers give price a good nudge higher. We are now watching closely for a pullback to build the higher low for the buy entry setup. Once we have the higher low, we will know the risk and then get on board for a push to highs.

 

Stock Code : WTC – Wisetech Global Limited

Company Website : www.wisetechglobal.com

Current Price : 18.17

Status : On watch for buy entry setup

 

 

 


Previous Alert 29/11/18

Potential Buy Entry Alert to Watch WTC

 

Time Frame : Daily/Weekly

Sector : Software and Services/Technology

Key Stats : $4.76 Billion Market Cap, VWAP 15.989, ASX Ranking 84, 4 Week Av Turnover $13,456,683, Current Turnover (Intraday as at time of alert) $2,563,232.

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 : HOLD

 

WTC – Wisetech Global Limited

WTC is at a prime level for long term buyers to step in to start the march higher. We are now watching for price to kick up through the 16.55 zone and then for buyers to build the higher low for confirmation that we are entering on the right side of the action. From there its all about the entry buy setup.

 

Stock Code : WTC – Wisetech Global Limited

Company Website : www.wisetechglobal.com

Current Price : 16.02

Status : On watch for buy entry setup