WPL woodside petroleum limited

About to run again?, page-18

  1. 411 Posts.
    lightbulb Created with Sketch.  19
    Given the current strength in crude price, I'm surprised this is only up 0.19.

    The recent 3 weeks has seen a good test of support at 28.50 with a nice distribution pattern forming.

    Think with the volatility recently in the US markets, there are many retail holders on the side lines.

    Today the stock finished near its high, forming a nice bullish candle (hammer).

    Should see a continuation tomorrow with a test of $30.00

    I'm currently short puts, long calls and see significant upside given the recent oil price rise.

    Cheers Lute


    wtic6mth.png


    wpl6mth.png
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.