Sure_Trading

WHL - Downward Momentum

Short
JSE:WHL   WOOLWORTHS HOLDINGS LTD
JSE: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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