Peet_Serfontein

WHL: some upside potential?

Long
JSE:WHL   WOOLWORTHS HOLDINGS LTD
Testing its 200-day simple moving average.
A price action above 5360 supports a bullish trend direction.
Crossing below this level will negate the trend direction.
Upside price momentum supports the bullish trend.
RSI leaves enough room for further upside price potential.
MACD bullish crossover also applicable.
Downside price channel also remains of interest.

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