WOW 0.50% $34.13 woolworths group limited

some big numbers getting traded, page-45

  1. 64 Posts.
    Ok not working, but copy this to your address bar.
    http://t9.md.it-finance.com/MDFlash/showimage.phtml?id=13019598889871&type=png.

    What I am trying to show is that the sp has only broken the 38.2% fib line at 27.39 once this year, it went close four times but retreated each of those four times. The other thing you notice is that we have broken both the top and bottom lines of the descending triangle, but this happened just after the div date, so not sure how important it is. Each time we have a low it sits on the bottom line of our triangle, if this continues you could expect the price to go to around 26.40 to 26.50, this triangle is getting smaller and a breakout would be expected.

    sorry about not being able to load a chart up, I will have to do some reading on how to do it.

 
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