Some price action notes on Wesfarmers (WES.AX)
June 1, 2022 Leave a comment
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
