The last few months saw bargain hunters return to the ASX with WEB looking poised to enjoy a second leg higher, following its initial well-received result in November; we see good risk/reward at current levels if the stock can hold above the lows of the last few weeks.
- We are initially targeting the $5.50 area for WEB, back towards its 2025 high.
Trade Idea: Buy WEB Travel Group (WEB) at $4.75 limit, with stops at $4.40, ~7% risk.
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