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
$26.87 |
Change
-0.270(0.99%) |
Mkt cap ! $51.01B | |||
| Open | High | Low | Value | Volume |
| $26.90 | $26.98 | $26.70 | $103.8M | 3.867M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 48 | $26.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.90 | 23500 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| WDS (ASX) Chart |