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
$24.21 |
Change
-0.790(3.16%) |
Mkt cap ! $46.40B | |||
| Open | High | Low | Value | Volume |
| $25.01 | $25.01 | $24.18 | $129.4M | 5.241M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1124 | $24.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.22 | 2524 | 15 |
View Market Depth
| Last trade - 15.02pm 06/09/2024 (20 minute delay) ? |
| WDS (ASX) Chart |