WDS 1.16% $28.84 woodside energy group ltd

charlie aitken, page-97

  1. 435 Posts.
    First level of support is 45ish then to 41.5 to 42 area if Wall St goes south. I think Wall St has high chance of going south given this week earning disappointments and 100 S&P500 companies reporting next wk, and most traders taking profits before the long weekend.

    But Woodside has Tuesday quarterly report and Wednesday AGM as well. But I think it will just report usual low volume but high revenue due to high POO. if AGM reaffirms no one bidding it, I think stock will slide to 45ish even to the second level support area.

    Given all uptrend exhaustion of global indices and Goldman sachs call on commodities especially oil, I think it's time for WPL holders to cash out before long weekend.

    Good luck. I short this stock from 50 and still shorting.
 
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