TAjames

Weebit sitting on support at $2.50

Long
ASX:WBT   WEEBIT NANO LTD
Good entry here if you believe in weebit's product. I personally like the company and have taken a position with a stop at $2.10. Quite a hefty 20% stop, but i dont think it will get below the $2.30 mark, and if it does, it wont stay lower then that for long. Its a strongly backed company and i see good upside in it.
A fair bit of selling volume as well today, but it doesnt concern me unless there is a follow through tomorrow.
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