WHG 0.00% 76.5¢ whk group limited

is it giving a reversal signal

  1. 9,081 Posts.
    WHG could be in the process of reversing its current downtrend - if it can close above 2.22-2.23 at the end of the week.

    If so - and if the volume is supportive - there should be a quick move to the 2.35 level with targets at 2.45 and then the big one at 2.60 .. and if thru that, the 2.80 high beckons.

    Stocks showing strength in this market are few and far between ... WHG is one to watch .. imo

    I have not taken a position yet as I will wait for the end of week close and assess over the w/end in the light of the DJIA end of week close and the end of week close of WHG.

    One to watch at this stage (volume does need to pick up, though)
 
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