WPL has been in a technical down trend since the 22nd January 2021, it's currently sitting right at a critical point. WPL is sitting only 2% from the price support level of $21.54, if this is broken it could continue down to the next support level following the down trend line occasionally bumping its head on the down trend line as the SP fluctuates up. If the old saying goes, the Trend is you're friend...and at the moment WPL doesn't look very friendly to me. In saying that, if the Oil price heads towards the $80 mark which is the current sentiment from all the commentary I have been researching, WPL could turn up...however this Covid 19 Delta variant is mudding the waters... bit of coin flip really for WPL at the moment.
DYOR and good luck!
WPL has been in a technical down trend since the 22nd January...
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Last
$28.94 |
Change
0.100(0.35%) |
Mkt cap ! $54.94B | |||
| Open | High | Low | Value | Volume |
| $29.20 | $29.26 | $28.86 | $116.3M | 4.011M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16692 | $28.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.94 | 2904 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| WDS (ASX) Chart |