We believe WTC has been harshly dealt with following its softer than hoped result last month, with this quality logistics business starting to offer compelling value. Picking a buy level from a trading perspective can be tricky, but for now, we like the risk/reward around $88, over 25% below its July high.
- We believe the risk/reward towards Wistech (WTC), around 5% lower, would be compelling.
Trade Idea: Buy Wistech (WTC) at $88.50 with a stop at $83.75 – 5.5% risk
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