WOW 0.38% $33.13 woolworths group limited

doing well, page-12

  1. 17,444 Posts.
    lightbulb Created with Sketch. 57
    WOW is stretched in the short term on both a daily and weekly time frame.

    A pullback to 27.50 or so would be good IMO.

    The weekly chart is more of a worry and suggests a multi week pause/retracement.

    I still wouldn't rule out a pull back and then a slight new rally high that fulfills an EW 5 wave scenario and gives a divergent momentum top.
 
watchlist Created with Sketch. Add WOW (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.