WDS 1.79% $27.43 woodside energy group ltd

WPL@$30, page-88

  1. 379 Posts.
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    Hi All....

    Didn't know where to ask this as there doesn't seem to be a Chart thread for WPL.

    Quite a novice at charting but here goes......Please correct me if I have this wrong.

    Is this what we call a wedge? Where the break out can go either way? As WPL is consolidating and it is quite tight in terms of the potential "Squeeze".

    Or is it just simply in a down trending pattern and I have misread this completely.

    https://hotcopper.com.au/data/attachments/3103/3103745-f6086bb751c708f5067e62b800185ca2.jpg
    Looking for an entry to WPL and just wanting to test out my recent learnings of TA.

    Thanks for your help.
 
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