WFM - a rally to gap fill ?

Whilst the main market has clawed strongly higher in the past few weeks, Whole Foods Market (WFM) has been trundling within a narrow range. Last Thursday, that concluded with a clear break, there looks to be reasonable upside to the gap zone of $48/50, which is a powerful 20% higher.


WFM, 60min

WFM, daily

Summary

*I have an interest in going LONG the stock, but would prefer an entry in zone'1 early Tuesday. Considering today's price action, the low $40s look...doubtful.
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Recent price action, seen on the bigger daily shows WFM stabilising after the market was upset by earnings. There is a very obvious gap zone, along with the big $50 psy' level to hit, on any bounce in the near term.
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WFM's margins are a little thin, but then, it is the retail sector, where margins are typical 5-10%..at best.

see key stats @ yahoo Finance

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*Next earnings: late July, market will no doubt be seeking some improvement in Q2, but more importantly, the outlook for the rest of the 2014.