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RossLarter

WHL - Downward Momentum

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WOOLWORTHS HOLDINGS LTD (JSE:WHL)  
RossLarter  
JSE:WHL   WOOLWORTHS HOLDINGS LTD
Trend Analysis Support and Resistance jse ALSI ZAR southafrica woolworths
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trendanalysis supportandresistance jse alsi zar southafrica woolworths
WHL has ticked all of the "indicator boxes" to signal a short trade. The EMA's crossed on Friday last week which was the final trigger sign along with the Stochastic and the MACD crossing downwards a few days earlier.

Today, so far, the price seems to be slightly up, but if it breaks through the lows formed on Friday, I will enter a short position.
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