Shares of WOW were full of holiday cheer as they hit a 4-month high of $27.55 in early trade.
The internal momentum indicators have been in overbought territory for over a week, so we suggest shareholders look to take profits above $27.20.
Our ALGO engine signalled a sell signal at $26.50 on November 2nd. We see the next key level of support for WOW at $26.60.
Woolworths