Doh !! Thanks Phaedrus if you could post it again that would be appreciated.
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Doh !! Thanks Phaedrus if you could post it again that would be appreciated.
Phaedrus, by the end of December if WHS closes above 3.70 has it broken the unconfirmed trendline ?
Yes. $3.73 by my reckoning, but let's not quibble! You would have to be a very keen buyer to act on such flimsy evidence, though. Personally, I wouldn't dream of buying at that point. I would want to wait for an uptrend at the very least. (WHS is still making lower lows). There is also the possibility of Resistance to be overcome at around $4.00. I would much prefer to use the more conservative long-term trendline. A break of this would be a much safer option, though of course you are bound to pay a little more. Use of this trendline has kept me and others away from this dog for well over a year, so far. For the life of me, I cannot understand the level of interest in this stock when there are so many better options available, even on the local market.
Looks like both the shortterm and long term downtrend in placeQuote:
Did spike up to 378 one day .... traders remorse is the term I think
THE KING says WHS is KIWI with all the advertisments which run solid all day so they want to be part of it, NO worry what the company DOING.. [^][^][^]
When is the next offical annoncement for WHS on sales/profit etc?
analysts are predicting good sales...whs hasn't (so far) come back (continuous dislosure) and told them otherwise (ie the analysts are in the ballpark) so i would predict a movement up in shareprice soon...no i dont believe the good sales has yet been built into sharepriceQuote:
quote:Originally posted by evedder
When is the next offical annoncement for WHS on sales/profit etc?
I have not seen confirmation of good sales figures over the Christmas / New Year period so far..
Who wants to be part of it. Almost Every thing we buy in retail is made overseas, and sold on special. I do notice some of the timber products are cheaper to buy than we can buy the material in nz, never mind the labour or sale margin. They are all cutting each others throats with continual sales. The whole retail industry is not worth investing in at the moment. It is cheaper to throw a blunt saw away, and buy a new one rather than sharpen it. Free trade with china will kill retail in nz, even worse than what is going on now. Produce from the farm sector is the only winner.
macdunk