Rotuma

Westpack (WBC) shares break major resistance at 18.40

ASX:WBC   WESTPAC BANKING CORPORATION
Share prices continued its advancement in today's session with a price gap in the opening trades after a breakthrough in last week's session crossing over two major resistance levels at 17.14 and 17.61 as shown on the 30 minutes price chart.

Share prices need to remain above 18.40 to reach its next target at 19.16.

The current critical support and resistance estimates on the price chart are based on my indicator which predicts future price movements based on price action.

Major support estimates - 18.40, 17.60, 17.14, 16.37, and 15.90

Major resistance estimates - 19.16, 19.93, and 20.70


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