Woolworths share price falling sharply
After a decent run in the woolworths JSEWHL share price since May '19, the share price has fallen nearly 18% since its recent high in early November. The more recent catalyst for the fall was the trading update on 27th of Nov. Woolies food continues to do well but the rest of the business and Australia, weighing in on sentiment. Look for support around the R49.90 level. The stock is now in 'oversold territory', with an RSI of less than 30
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