Barnsty
The other day you asked for my opinion with regards to Worley regarding TA, and i apologize for the delayed response.
I do not hold Worley and dont trade the stock, i used to own them in the earlier days.
When trying to enter a stock that has been hit hard i try and look for key fib levels to have been completed as well as monthly,weekly and to a lesser degree the daily suggesting buy's.
You will note the first range down from the high has been taken to the 200% level at 1045 and no suprises that WOR got damm close at 1062. For me that would been a strong enough signal to enter at least for the bounce.
SO for now i would buy on weakness with stops a few points below the low of 1062. Now if the low is to be taken out the 505 could be possible ( doubt it though ) and that coincides with a longer term trend line coming thorough as well.
Monthly and Weekly indicators suggest buying, so i would treat the low with respect and buy the dips accordingly to daily indicators.
I also highlighted the old gap that was left in feb 07, in that the range down to this low, a 50% retrace up would put in in the gap again. If general markets rally into March 09 then i would expect WOR to play a role in that as well.
I hope this helps, trafe safe and in case you make a wrong choice use stops, it lets you have another go :))))
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WOR
worley limited
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$13.94

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Last
$13.94 |
Change
-0.045(0.32%) |
Mkt cap ! $7.191B |
Open | High | Low | Value | Volume |
$14.13 | $14.17 | $13.93 | $7.675M | 544.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 990 | $13.93 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.94 | 2396 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
23 | 1784 | 13.930 |
15 | 4381 | 13.920 |
11 | 2664 | 13.910 |
13 | 5228 | 13.900 |
12 | 4566 | 13.890 |
Price($) | Vol. | No. |
---|---|---|
13.940 | 2548 | 21 |
13.950 | 3527 | 31 |
13.960 | 2811 | 22 |
13.970 | 4759 | 12 |
13.980 | 3111 | 10 |
Last trade - 15.43pm 19/09/2025 (20 minute delay) ? |
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WOR (ASX) Chart |