Update: Woolies

- Nasty fall on poor update and trading statement.

- We posted the idea on 29 October as the price back-tested the 200-day SMA, which was followed by a 7% rally to the highs.

- Price now back to entry zone.

- Massive volume however price closed in upper half of day's trading range.

-This is...a smash n grab market. 5-8%? Take your money and run

Original idea attached.