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WHL - Bottom Triangle

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

1. Price has dropped significantly over the past few months.

2. It appears that price has potentially bottomed out.

3. A triangle has formed, with the possibility of pushing higher.

4. A break up may be a buy. As always - maintain your risk.

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

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