Get started

Woolworths

Woolies showing a sell signal with an interesting observationM Formation formed on Woolies, The price broke below and all systems go with the Bearish Engulfing candle. 21>7 Price >200 Target R64.00 interesting that the target is to the 200 MA. This means, the price has rallied at such a high inclination, that the price now wants to approach equilibrium It's all we need for a trade. ABOUT Woolworths South Africa is a subsidiary of Woolworths Holdings Limited, a South African retail company founded in 1931. Woolworths South Africa operates in the food, clothing, and general merchandise retail sectors. Woolworths South Africa is known for its high-quality food products, including fresh produce, organic products, and artisanal bread. Woolworths South Africa has a loyalty program called MySchool MyVillage MyPlanet, which allows customers to support local schools and charities by shopping at Woolworths. ABOUT DAVID JONES In 2014, Woolworths South Africa acquired David Jones Limited for AUD 2.1 billion, with the aim of expanding its presence in the Australian retail market. The acquisition was seen as a strategic move for Woolworths South Africa, as it provided a platform for the company to expand its retail operations beyond South Africa and into the Asia-Pacific region. Since acquiring David Jones Limited, Woolworths South Africa has invested heavily in the brand, renovating stores, expanding product lines, and improving customer service. However, the acquisition has not been without its challenges, as the Australian retail market has been highly competitive and consumer spending has been affected by economic factors such as wage growth and housing prices. Despite these challenges, Woolworths South Africa remains committed to its investment in David Jones Limited and sees the brand as an important part of its long-term growth strategy.
JSE:WHLShort
by Timonrosso
1
#WOO/USDT 1HOUR UPDATE BY CRYPTOSANDERS Hello community members welcome to WOO/USDT 1hr chart analysis by CRYPTOSANDERS I have tried my best to bring the best possible outcome to this chart. As we can see from the above-mentioned chart that WOO/USDT broke the triangle pattern and retested well. According to the current scenario, it can move up by almost 20% from the green zone which is also a support zone. So, here we can take a long position for some short-term profit gains. Entry:- $0.4757,$0.4863 Traget:- 20% Stoploss:- $0.4590 Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563
Not a buy at just yet!Woolworths is a South African retailer that has struggled over the last few years starting with a purchase of the Australian retailer David Jones which took place in 2014 at a large premium to its intrinsic value. Woolies has since had to write down the value of its David Jones holding by around 60%. Ouch! The company's current CEO appears to have a viable turn around strategy with a focus to improving their online sales. The question is, how effectively can they grow their earnings going forward? The company has taken on a fair amount of debt compared to its historical debt levels, however, most of their debt is structured over a long period of time. This gives them time to improve their free cash flow over the next 3 -5 years. Their average annual free cash flow over recent years is around 4.5% - 5%, which isn't where share holder would want it to be. The worrisome aspect for me is the fact that their effective interest on debt is around 8.5% per annum. To me that draws a line in the sand to say that they need to grow their earnings by at least 10% per annum. Which could be possible under a favorable economic environment and a successfully implemented turn around strategy. For the time being i wouldn't have the conviction to take a meaningful stake in the company. Trading signal For the time being the signals on the weekly chart suggest that the price may need to retrace further which could complete a head and shoulder pattern which i have shown on the chart. We should have confirmation on this in the next 1.5 - 2 months. Please like and follow for daily posts on various asset classes. Please also share your views on the trading ideas and whether or not you find them to be of any value to you as a trader. Please note, this idea is shared for educational and discussion purposes only and should not result in speculative investment decisions in any asset class.
JSE:WHLShort
by JesseMorgans
Long Term Investing - Here is a buy setup in Woolworths $WOW Once again, Woolworths is at the 200 moving average on the 2 Day chart with a buy signal activated on the MACD indicator (Top of chart). The last two times this has provided a great buying opportunity for long term investors. Could history repeat itself? I am not holding $WOW and I will wait for confirmation to add $WOW to my portfolio. For me, the confirmation is when we can break with a strong buying volume and close above the GREEN line. In contrast, when Woolworths drop and close below the purple line then this buy setup is NOT ACTIVATED.
ASX:WOWLong
by johninvest17