current technicals suggest WPL can close the Mar 25 Gap up. If oil selloff continues, we should see 45.50ish soon. That's where I am gonna cover my shorts. My stops are at 48.
today MACD giving classic bearish crossover as well.
of course, Libya can always influence the oil price and some dovish Feds can lower the USD further supporting commodities. But I think USD is due for a bounce soon (at least covering rally). Been soldoff massively lately.
And Kloppers can always bid - NOT! ;)
current technicals suggest WPL can close the Mar 25 Gap up. If...
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Last
$25.40 |
Change
0.280(1.11%) |
Mkt cap ! $48.22B | |||
| Open | High | Low | Value | Volume |
| $25.25 | $25.76 | $25.22 | $173.3M | 6.797M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11109 | $25.39 |
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| Price($) | Vol. | No. |
|---|---|---|
| $25.41 | 10888 | 1 |
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| WDS (ASX) Chart |