##{"id":64097,"date":"2014-09-01T10:00:28","date_gmt":"2014-09-01T00:00:28","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2014\/09\/01\/emerging-buy-in-woolworths\/"},"modified":"2014-09-01T10:00:28","modified_gmt":"2014-09-01T00:00:28","slug":"emerging-buy-in-woolworths","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2014\/09\/01\/emerging-buy-in-woolworths\/","title":{"rendered":"Emerging Buy In Woolworths"},"content":{"rendered":"

By Nick Linton-Ffrost<\/p>\n

Emerging Buy<\/strong><\/p>\n

Woolworth' ((WOW)) break and pull back to the trend line may provide us with a long trade over the next week.<\/p>\n

If WOW finds a foot hold around 36.00 we suspect that will be enough to confirm the trend line break and open up targets between 38.20 and 39.00.<\/p>\n

Before opening longs we suggest waiting for a higher low to form above 35.50 while a few days trading below 36.00 negates our view.<\/p>\n

Trading tactics<\/strong><\/p>\n

Wait for buy signals between 35.80 and 36.50 over the next week.<\/p>\n

\n\"\"<\/p>\n

\nAnother trading idea from<\/strong><\/p>\n

Fifth Wave |<\/strong> fwtc.com.au<\/strong><\/a>                                               <\/p>\n

FW generates over 150 Trading Alerts on the ASX100 each year. We are a subscription service specialising in short term technical strategies based on 27years experience<\/strong>.<\/strong><\/p>\n

 AFSL 319830 |<\/strong> Disclaimer<\/strong><\/a><\/p>\n

Reprinted with permission of the publisher.<\/em> Content included in this article is not by association the view of FNArena (see our disclaimer<\/a>).<\/em><\/p>\n

Technical limitations <\/strong><\/em><\/p>\n

If you are reading this story through a third party distribution channel and you cannot see charts included, we apologise, but technical limitations are to blame.<\/strong><\/em><\/p>\n

Find out why FNArena subscribers like the service so much: "Your Feedback (Thank You)<\/a>" – Warning this story contains unashamedly positive feedback on the service provided.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Nick Linton-Ffrost of Fifth Wave suggests Woolworth’s weak result response is offering a potential buying opportunity.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[36],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/64097"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=64097"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/64097\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=64097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=64097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=64097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}