Possible Punt - Short Whitey

Shoprite (SHP) which has been the mainstay of SA portfolio managers is starting to look a tad tenuous. The chart together with Mr Price and other defensive's such as Pick n' Pay  have performed remarkably well. The support line is looming and will Whitey/Wiese pull another fast one?? Christo Wiese their chairman recently covered his ass with options and one wonders what he knows - one always has to keep a close eye on these two boys... read the SENS a bit on SHP and you will see what I mean. Significant exercising of options has also been happening of late.... having the inside scoop is always useful.............

EDIT - Let me just add for those trigger happy cowboys - wait for daily close below the trendline - or even wait for a break and a back test kiss of the line before shorting