WOW 0.38% $34.17 woolworths group limited

Price target, page-8

  1. 7,116 Posts.
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    Well I had a standing order in at $27.50 - target got reached today but my standing order had expired so no WOW shares for me today.

    I now have to decide if I should just pick up a handful today @ $27.70 or wait this out and hope for $25-$26 range.

    I'm very nervous about the Aussie equities market overall we have had an interest rate drop on Tuesday, we should be seeing money flood into blue chip stocks and we should also see the AUD down but the opposite of both those things is happening.

    I can't make sense of this & so am sitting on the sidelines. I have also moved my super into a very defensive position 2-3 weeks back... I'm just not convinced there's any money to be made in equities in the short-medium term and this could be the beginning of a 500 point correction.
 
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