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WHL - Potential Wedge

Long
JSE:WHL   WOOLWORTHS HOLDINGS LTD
We may derive the following from the Daily WHL chart:

1. Price has ended off the day with a bullish candle.

2. A potential wedge pattern has been formed.

3. It is however, pre-mature to buy. Wait for an opportunity to present itself first - being a solid break and retest of the wedge.

4. As always - maintain your risk.

Note: The views provided herein do not constitute financial advice.

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