WebJet - Price chart analysis
Share prices have pulled back to a critical retracement level at 3.04 and now attempting to hold as indicated in Friday's session. The primary support to keep an eye in the next week's session is around 3.04 and 2.90 and resistance level at 3.16 and 3.32.
The short to medium-term price trend is still intact as symbolized in the uptrend price channel. If it bounces off at the bottom of the price channel or 3.04, we could see prices head back up to the top of the price channel.
Share prices have pulled back to a critical retracement level at 3.04 and now attempting to hold as indicated in Friday's session. The primary support to keep an eye in the next week's session is around 3.04 and 2.90 and resistance level at 3.16 and 3.32.
The short to medium-term price trend is still intact as symbolized in the uptrend price channel. If it bounces off at the bottom of the price channel or 3.04, we could see prices head back up to the top of the price channel.
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