WOW 0.26% $35.15 woolworths group limited

$24 price target, page-3

  1. 2,596 Posts.
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    Re: WOW from a Chartist's perspective .... Dr Seuss mentioned on the XSO thread on his S/T chart for WOW a trend_line where buying came in at. Looking further out(over the last 16mths) at some interesting Pitchfork charts, from a chartist and traders POV, you could 1stly justify S/T support possibly coming right here, as the "Dr" stated, as there is a confluence of charting support lines at the same level BUT 2ndly, why you could/should have been short anyway(previous two days ... yellow trend_line resistance and -ve divergence confirmation on the 50CCI).

    The question is whether WOW will hold this support and if so for how long? I'll be watching the CCI over the next few days to see if it bounces from near here(just below the 0% line or the thick blue trend_line) or simply continues its 'swallow_dive' into the Bear zone(consolidation below the '0%' level) regardless of SP action.

    ...and , yes, I can 'justify' a possibility of WOW heading to the mid $20's(~ $26$ actually) if the blue tren_line and then the $29.11 swing low goes...

    ....But, 1st things 1st!

    WOW_AP_270215.png
 
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Last
$35.15
Change
0.090(0.26%)
Mkt cap ! $42.93B
Open High Low Value Volume
$34.97 $35.18 $34.80 $42.63M 1.214M

Buyers (Bids)

No. Vol. Price($)
1 1882 $35.14
 

Sellers (Offers)

Price($) Vol. No.
$35.15 3797 2
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Last trade - 16.10pm 22/07/2024 (20 minute delay) ?
WOW (ASX) Chart
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