We have looked at Woolworths (WOW) over recent weeks as it corrected over 20% but on balance we actually prefer rival COL around the current $17.50 area after the markets positive reaction to its 1st half result in late February.
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Reporting season has taken a positive turn – James Gerrish breaks down some of this weeks action.
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Thursday 11th September – Dow off -220pts, SPI off -20pts
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Wednesday 10th September – Dow up +196pts, SPI down -4pts
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MM is bullish COL looking for a break of 2021 highs
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