Webster (WBA)

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Webster (WBA): Signals

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TECHNICAL ANALYSIS SUMMARY

Webster: The current Fibonacci Extension levels are:
(23.61%) $1.74
(38.2%) $1.72
(50%) $1.7
(61.8%) $1.68

The current support levels are:
(78.6%) $1.65
(100%) $1.61
(138.2%) $1.54
(161.8%) $1.5
(261.8%) $1.33
(423.61%) $1.04



Fibonacci extensions are used in Fibonacci retracement to predict spaces of resistance and support in the market. These extensions involve all levels drawn past the basic 100% level they are frequently used by traders to determine areas that will bring in profits.

Calculation: Fibonacci Extensions:
1) Uptrend: D = B — (A — B) x N%;
2) Downtrend: D = B + (B — A) x N %;
3) Fibonacci Levels:
61.8%
100%
138.2%
161.8%
261.8%
423.6%;


PROFILE: Webster (WBA.AX)


Stock Exchange: ASX
Company: Webster
Ticker Codes: | WBA.AX | ASX:WBA |

About Webster (ASX:WBA):

Webster Limited operates as an agribusiness company in Australia. The company operates in two segments, Agriculture and Horticulture. It produces annual row crops, including cotton, wheat, maize, and walnuts, as well as breeds livestock; and other crops, such as corn, cereals, and legumes. The company also exports its products in Europe, the Middle East, and Asia. Webster Limited was founded in 1831 and is based in Leeton, Australia.

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