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WDS actually now starting to look bullish again, after a...

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PaddyMac33

263 Posts.

33

23/08/22

14:48

Post #: 63272857
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Originally posted by 1ronnie: ↑

...Europe breathes easy as Nordstream gas pipeline resumes albeit at 40pc capacity.

...And Europe escapes a worse energy crisis

...And what did I tell you what the good news would do to Oil that was positioned for the worst outcome.

...Oil poised to retest recent lows again if DXY holds/rises ....ECB rate outcome next in 2.5 hours.

See 1 day chart then 1 year
OIL_CRUDE Charts and Quotes — TradingView

...WDS in extended consolidation pattern since mid-March. What happens after an extended consolidation?

1 year view
WDS Stock Price and Chart — ASX:WDS — TradingView

...a trading system has been tipping WDS as a buy for several months (way back) and I am wondering if they are calling a Sell now since technicals have moved weaker...a lot of traders could exit the trade if that is the case. I don't know as I didn't subscribe and if I did, I would have lost money buying in late in the piece and paying big $$ subs as well, lol.

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WDS actually now starting to look bullish again, after a consolidation phase. This is despite oil dropping to $90 a barrel. I remain side-lined but would like to see it go above $34 first.
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