From R80 to Below R50. Helping Clients Manage Risk
- Lester Davids
- Apr 3
- 1 min read
Trade Woolworths with Unum Capital.
To get started, email lester@unum.co.za
Today (Thursday 03 April) Woolworths traded below R50 for the first time since April 2021. At it's most recent peak, it traded above R81 in July 2023. The slide below is an extract from our note on Monday 14 August 2023 in which we discussed the downside risk as the share trade well in excess of it's 200-week SMA.
Woolworths chart as of Thursday 03 April 2025 at 14h38.
Lester Davids
Analyst: Unum Capital
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