Daily Alpha · Substack
· Premarket Alpha · by Buzzberg Research
Substack coverage produced one market flag: Wesfarmers clearing resistance.
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Wesfarmers clears resistance in a technical breakout flag
The newsletter flagged Wesfarmers as having cleared resistance, a bullish technical signal for WES.
A major Australian conglomerate clearing resistance would be a bullish technical marker for ASX materials and retail exposure, though it needs price follow-through.
Watch Whether WES holds above the cleared resistance level on subsequent closes.
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