Some price action notes on Wesfarmers (WES.AX)

The text in the chart below says….

$45.30 in Wesfarmers would signify
and coincide with the stock price;


1) touching 2.5 standard deviations below its weekly mean,

2) meeting its 200 week moving average and

3) registering a Weekly Oversold reading in the Relative Strength Index (RSI).

June 1, 2022

by Rob Zdravevski

rob@karriasset.com.au

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: