WDS 1.93% $27.48 woodside energy group ltd

hi mgc.i feel $75 is possible in your time frame. (i take it our...

  1. 582
    692 Posts.
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    hi mgc.
    i feel $75 is possible in your time frame. (i take it our fy 2010 is end of june 2011)
    we could be in the 2rd half of a double zig zag on the weekly chart.
    we could see a trading range of between $52 and $37.30 (.618% fib) over the next 11 months or so as we move through a corrective wave.
    then a new motive wave hitting your target around your time frame.
    i have placed 2 arrows as target prices (both past sp movements) one missing and one hitting your target.
    i have not adjusted the chart for any new shares on the reg.
    it would be safer for me to post a chart after wpl starts trading again (post CR) adjusted for any new shares but i feel it is possible the targets ($66-$75) will still be hit.DYOR.

    have a good one.

    582

 
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