Following WEB's price collapse from Covid travel concerns, price has recovered slowly in a seesawing sideways action - something commonly seen in shares following large falls. It has been knocking in the door of verhead resistance at $6.40 and if it can confidently break above that level a potential target of $8.20 is possible. With the growing perception that domestic travel is again open and international travel might be on the horizon with a 'vaccine passport' I expect WEB (like FLT) to improve.

WEB 26Feb21

Contact

Robert Norman

Phone: 0428 346 951
Email: robert@sharecharting.com.au

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