Woolworths is the other stock I've been keeping a close eye on. It's consolidated in a tight range between 26.25 and 26.90. A decisive move above 26.90 would be very bullish.I'd like to see it break above the 150-Day SMA before taking a trade, but if I'm feeling like a brave-heart I might take the plunge if it breaks above the 26.90 area.
The MACD is now positive and supported by RSI.14 and W%R above their mid-lines.
All the balls are lining up.
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