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[JSE:WHL] Woolies - Short Signal

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Dean Bakos
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WHL short has been triggered by closing below 5500 and we have entered a short trade. Our full trade summary is indicated within this article. 

TRADE SUMMARY:

Technically speaking we can see a head and shoulders on the weekly chart and if the share closes below 5500 we can see the share take a tumble further to 4500.

  • SL- 6300
  • TP1-5200
  • TP2-4800

The link to my original WHL note and chart published on the 7th November can be viewd here.

Wishing you profitable trading.


 

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