WPL - Market Mad Analysis A recent Market Mad Analysis had WPL as a trading buy above $13.36.
My advice - if you must write a put - would be to wait until it breaches support at $13.36.
Howver, the odds are that it will bounce from its current level.
I hope this clarifies why I maintain going short on WPL is very risky and a bit premature at the moment.
Cheers
WPL worth a look, page-4
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Last
$27.52 |
Change
0.270(0.99%) |
Mkt cap ! $52.25B | |||
| Open | High | Low | Value | Volume |
| $27.36 | $27.59 | $27.23 | $347.5M | 12.37M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 167313 | $27.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.53 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| WDS (ASX) Chart |