WOW 0.26% $35.15 woolworths group limited

re: acouch - chart help please $11.86 has been penetrated, this...

  1. 873 Posts.
    re: acouch - chart help please $11.86 has been penetrated, this was the 61.8% retracement level up from the $11.28 low (using 12.22 high). Therefore imo WOW is now headed for $12.22, on the proviso it can get over the much weaker 78.6% resistance at $12.01. Should have no trouble with that.

    Talking about flag/pennant patterns - check out MAY - it reports on Thursday I believe and I would expect the price to reach $3.96 resistance in the first instance - then hopefully hit my target of $4.12 on, or after report time. Comments welcome.
 
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