RossLarter

WHL for possible Long position

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JSE:WHL   WOOLWORTHS HOLDINGS LTD
WHL had a tough time last week with it's poor results, but it is lining up nicely for a recovery upwards.
Last week ended by it forming a bullish harami which is a strong reversal signal. This level is also a support/resistance level from the recent past which solidifies the signal.

If we were to enter a long position, I would wait for it to break into the gap formed last week at around the 5225 level with a target up at around 5465.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.