WOW 0.38% $34.17 woolworths group limited

against the retail tide, page-19

  1. 9,861 Posts.
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    I think it was only yesterday i was cursing not picking this up last week and today hopefully someone was being kind to me LOL. Averaged entry at present is 2570 after probably jump a little early but use the fibs to snag the low.

    Anyway why it got my attention was the possibility of a breakout and the minimum risk on offer, and the opportunity to add if breakout occurs when you see the speed angles which have bee working with Woolies.
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    Then i looked at the weekly and saw a similar pattern occurring and for mine a high probability that the upper resistance line needs to be hit again. We have a bit more time before we see where it goes longer term but for now im thinking its an opportunity.

    Hope it helps

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