WOW 1.40% $34.78 woolworths group limited

see you at $15, page-6

  1. 1,976 Posts.
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    I dunno Kink, I just can't see why a graphical representation of the Sp of Wow in tandem with weaker volumes can indicate the future of this stock is it to halve in price? Where do you pluck $13-15 from?

    It's still a steady company with minimal debt selling the basics of life. It's growth is still around the 10% mark, it's still expanding, it's competitors aren't really chewing into its market share by any significant factor. For it to fall to $13-15 this would have to happen fast; within a 2 year timeframe before (roughly) things start marching on again.... I just think the recent correction has run its course and WOW will just creep over $25 by the end of the week. Just steady ho-hum stuff beyond that; nothing radical, just minor choppiness beyond that.... boring but not the precipice stuff you describe.

    I don't read charts or tarot cards or tea leaves to reach my evaluation of a particular stock; just a bit of basic common sense connecting to the marketplace, its environment and a whole gambit of extra-company conditions that have a reasonable chance of influencing a stocks future. A holistic approach within my intellectual (however limited) capabilities.

    I love to gamble. I'd take even money that WOW hits $30 before it hits $15 anyday irrespective of economic downturn or any other factor. Logic seems to be against your predictions; and history doesn't necessarily always repeat.
 
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Last
$34.78
Change
0.480(1.40%)
Mkt cap ! $42.48B
Open High Low Value Volume
$34.56 $34.83 $34.44 $94.78M 2.747M

Buyers (Bids)

No. Vol. Price($)
1 99 $34.76
 

Sellers (Offers)

Price($) Vol. No.
$34.80 626 1
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Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
WOW (ASX) Chart
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