MYR 1.81% 81.5¢ myer holdings limited

The share price has been trending down but looks like the Myer...

  1. 15 Posts.
    lightbulb Created with Sketch. 19
    The share price has been trending down but looks like the Myer online business is doing really great.

    https://www.similarweb.com/site/myer.com.au/#overview

    Again the web traffic has increased over Dec for Myer, even though many may regard this as natural due to seasonality, surprisingly peers like JB hifi, Kogan has seen their web traffic dropped over Dec period.

    I am hopeful for good half-yearly result in Feb, but I am alittle worried about how the latest COVID development might affect the business in the short to medium term. I am glad I held off adding more to my portfolio when it dropped to 50c, there is some support around this price level and from TA perspective the next support will be around 30-33c if the price drop below 40c.
 
watchlist Created with Sketch. Add MYR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.