Monday, November 2, 2015

Woolworths hitting new lows

No good news for the WOW share price today with the intra day low representing a new 52 week low.  On Friday we mused that $23 could be a key resistance level.

Here's a graph of the S&P/ASX 200 and Woolworths over the last two years.  Both going sideways for most of 2014 and then it's down for WOW exactly 12 months ago...



















Source: Google Finance

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