WPL TA chart thread, page-119

It is almost : throw a dart at a board atm - and you’d be Up.
You are right , imo too , to have concern. Take your gains off the table perhaps . Give yourself insurance if such a high % of your overall holdings !

I am holding on, fully in my main holdings which I really understand . ie holding what I have , as intended when bought .
But am across more holdings , and sectors .
And didn’t buy against the tide .

Whatever you do — I really think you should diversify.
What If :
Siberian / Russian gas pipelines —to China / Asia .. bypassed Woodside interests ?
(I got a chill when I heard , adhoc , a seasoned gas and oil veteran say something to this effect as being a possibility )

Yes - Woodside is a Buy - as good Value.
And yes , has predominantly almost gas .

But - Sentiment.

And the massive falls from feb due to covid and low demand & large amounts in storage - WPL still is far from recovered .
The Market is often cruel for a long time , certainly 6-12 mths after massive falls from grace . Be patient of course , also I think .

I have watched from the sidelines thus far . I want to be very sure before buying .
And fully invested elsewhere - in what I judged to be better , feeling comfortable to only buy very few others, when bought. So far, what I have has worked best for me .

disclaimer - Oil and gas is definitely not my field

All the best .