Originally Posted by
BlackPeter
Not sure, whether relevant, but from a technical perspective: WHS just passed the golden cross. Fireworks anyone? Percy, it fits your buying criteria ...
Last time it did this (passing the GC), the share was in for a quite healthy uptrend - and just following the MA50 and MA 200 seemed to work quite well with this stock.
On the other hand ... the up trend so far is "quite flat", and not sure, whether retail is at the moment the dream industry to be invested in. Competition by Internet shopping and the recent Dick Smith debacle springing to mind.
Thoughts?
Discl: not holding ... and not sure either, whether this is now the right time to jump of the fence to pick up a retail stock.