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