WES 1.92% $68.57 wesfarmers limited

looking good - rsi?, page-6

  1. 1,044 Posts.
    re: just formed a double bottom
    Yep, I like the look of WES for a short term trade to the upside.

    Will be interesting to see over the next few days if they make another capital return similar to last year's one which was announced in mid-December and paid out in January 2005.

    If it does announce one, then it could really spike from here. Sheer coincidence (and speculation) of course, but, it was trading at nearly the same price on this day last year and rose several dollars in the following few weeks post the capital return announcement.

    cheers
 
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