Bullish potential detected for WOW

Updated
Entry conditions:
(i) higher share price for WOW along with swing up of indicators such as DMI/RSI.

Stop loss for the trade (once activated) would be:
(i) below the support level from the open of 11th November (i.e.: below $29.85), or
(ii) below the support level from the low of 14th November (i.e.: below $29.20), depending on risk tolerance.
Trade active
UPDATE (week ending 29-Nov): Trade activated 26th/27th November, with the share price closing between 10 and 30 day MA's at the end of the trading week.
Trade closed manually
UPDATE (week ending 06-Dec): Signals indicated a change in direction for an exit in position on Tuesday 3rd December - charts suggested a close out of position accordingly. Daily chart also shows failure to overcome 30 day MA at this point.
ASXasx200asx200longasxlongChart PatternsTechnical IndicatorsSupport and ResistancewoolworthsWOW

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