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WOW - WOOLWORTHS GROUP LIMITED


Meteor

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IN REPLY TO A POST BY texas4qld, Wed 18/02/04 11:41am   [READ POST]

what a difference a week makes, just goes to show what could have happened from a poorly placed stop http://www.asxboard.com/html/emoticons/puke.gif

Looks like the bottom is confirmed at $11.27 but it did have an intra day low of $11.17.
With some luck it'll blow $12 away on this run http://www.asxboard.com/html/emoticons/biggrin.gif

Tex.

Hi Tex,

I have been charting this stock for sometime almost to a tee I find the weekly chart good for this stock but remember I don t hold it so my views are from a charting point of view only.

On a weekly WOW must open on or above 11.44 to go up on Monday if it opens below that and I think it will be down she go's the reason for this is the gap at 11.40 on the daily chart needs to be filled and resistance line on my weekly chart at 11.44. well I didn't know about todays ann cause I don't hold if I did I would have paid more attention to it but now my high on this is $12.26 low at $11.45 but be careful it on a daily chart has gaps below and it will fill them sometime, but at the moment onwards and upwards, by the way the real low or support is at $10.71 and if it goes though $12.47 it will break trend but I dont think so though.

Cheers Pete

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IN REPLY TO A POST BY haspete, Tue 24/02/04 12:56am

WOW X-div today, I decided to hold my longtermers and take the div.

Could see a pullback to $11.40 http://www.asxboard.com/html/emoticons/icon14.gif

Good opportunity for X-div traders.

 

Tex.

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IN REPLY TO A POST BY cable-guy, Wed 24/03/04 03:02pm

On the surface they look ok, have added them to my watch list and will try and have a read.

Just threw a bundle into WOW, so hoping for some form of recovery before buying anything else...............vwap was $11.74 so I'm happy with todays price.

 

Tex.

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IN REPLY TO A POST BY cable-guy, Wed 24/03/04 03:02pm

Sold my position yesterday at $11.80 and missed the top of the run.

Looking for a lower bottom of $11.61 http://www.asxboard.com/html/emoticons/icon14.gif

 

Tex.

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  • 2 weeks later...

Looks like you picked that one Tex. http://www.sharescene.com/html/emoticons/king.gif

 

Well done - currently at 11.62 (11.17 20/4)

 

Cheers Charles

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