$WOW:ASX - WOOLWORTHS - Through resistance

Woolworths could be worth a watch as consumer spending on dining out decreases. Not a strong runner, but up 30% year to date.

Woolworths (WOW) is a retailer with primary activities in Supermarkets. WOW's other operations include: BIGW discount department stores; Home Improvement; Petrol through the Woolworths/Caltex alliance; and Hotels.

Demand: 199 buyers for 124,493 units vs 207 sellers for 126,697 units