$JSEWHL DAILYWoolworths DAILY has hit WEEKLY RESISTANCE and pulled back, the DAILY STOCHASTIC is oversold and starting to head down. WHL may move between WEEKLY RESISTANCE around R58.20 and DAILY SUPPORT around R56.20 before breaking out.Longby TraderBrett226
Can we get a dropWe are expecting this guy to be rejected on the supply zone then go down!!Shortby Mars_African_EmpireUpdated 7
WHL upward channel still intactJSE:WHL has bounced off of the bottom of the channel that it has been trading in for quite a while. We can expect a possible upswing toward the top of channel. Failing that, it might stall around the mid point.Longby RossLarter7
WHL - Potential Long SetupWe may derive the following from the Daily WHL chart: 1. Price has reversed slightly from the key resistance. 2. I am expecting price to come down to the rising trend line before moving up. 3. Monitor price action and wait for a good long opportunity. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.Longby zeerotrader6
WHL - R60 Break Will Be RapidWe may derive the following from the Weekly WHL chart: 1. Price hasn't been able to break the upper weekly resistance (yet). 2. Price has come down a bit and may continue to do so before making a move higher. 3. Monitor carefully and wait for a good long opportunity. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.Longby zeerotrader5
Caught the move in JSE:WHL JSE:WHL is in an upward channel but resistance from channel brought it down nicely. Hoping to reach bottom of the channel, hopefully might even break lower due to negative market factors.Shortby TradingMzansi6
JSE:WHL | Bulls in the background suggest a buy at 5560Price ranged from early February this year all the way through to mid-July before breaking higher. This extended period of accumulation which was followed up several bullish pushes higher suggests 6400 as a target. We see price currently constrained in channel-type structure that looks likely to lead down to 5560 before the bulls really step in again. I'm very interested in a buy at that level.Longby glennhowell6
WHL - Almost at 1st TargetWe may derive the following from the Weekly WHL chart: 1. Price has almost reached our first target. 2. Price should in all probability test the first target / horizontal resistance. 3. Monitor price action and look out for further long opportunities. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.Longby zeerotrader6
$JSEWHL - Minor resistance above - still bullishWoolies has broken its larger downward TL going back to Oct '15. That on its own already paints a bullish picture for the stock. Short term, the R59 area must be broken to the upside. Longby Trad3r_167
WHL: look at that bearish divergence!Using the RSI to calculate bullish/bearish divergence conditions over multiple time frames (daily, weekly, monthly). Divergence period used is 8 periods (Fibonacci number). Bearish divergence is when the price is making higher highs, while the indicator (RSI) is making lower lows. Indicates underlying weakness. Bulls are exhausted. Warning of a possible trend direction change from an uptrend to downtrend. Shortby Peet_Serfontein3
WOOLWORTHSI foresee an upcoming buy on breakout of the resistance to the QMLLongby TheGreatestMarketAnalyst10
WHL to riseWe are expecting WHL to form a wedge which will now force it to go up!!!Longby Mars_African_EmpireUpdated 4
Woolworths DAILYWoolies has been trading in the shaded range since June last year. On Friday price broke through the top of the range but was unable to close there after the sellers came in and forced price down. Will WHL now start heading to the bottom of the range?by TraderBrett7
Woolworths - Time to get excitedAfter several massive write-downs in the Australian operations, seems like we set to finally break the R 55.00 level with ease. Momentum suggests she got legs this time around, very bullish indeed.Longby Logaro12
$JSEWHL Woolies. Second target 5700 coming up.First target was breached and second target now coming up.Longby KoosKanmarUpdated 4
$JSEWHL Woolies Covering long shy of 2nd targetNeutral position after a poor trading statement from Woolies. Maybe premature, but not liking the look of a gap close this morning with weakness creeping in after the gap closed. by KoosKanmar118
WHL - Good ProgressWe may derive the following from the Weekly WHL chart: 1. Price has been extremely bullish over the past two weeks. 2. A slight pullback may occur before another push higher. 3. I do foresee price reaching 58-60 ZAR p/s. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.Longby zeerotrader5
$JSEWHL Woolies. Breaking downtrendWoolies broke from a 3,5 year downtrend today after a positive trading statement. Two targets were identified if it can maintain momentum above the break: 5450 & 5700. Longby KoosKanmar9
One more Dip for WooliesLiking the pivot extension area for the final dip Bear Flag that looks likely to break down Almost Time to buyby Zabbs4
WHL Resistance Breakout at SupportJSE:WHL has broken through a descending resistance and confirmed the breakout with the next candle. This breakout also happened at a support level. We can expect an upward move due to this breakout.Longby RossLarter4