WPL 1.25% $23.53 woodside petroleum ltd

info from dow jones news

  1. 23,528 Posts.
    lightbulb Created with Sketch. 1
    1055 [Dow Jones] Woodside Petroleum (WPL.AU) down 8% at A$28.21, hits A$26.81, lowest since June 2005, after Nymex crude closed down US$4.00 or 7.5% at US$49.62 after hitting 3.5 year low of US$48.50. Traders say investors who bought WPL near A$36.00 have bailed out since crude failed to stay above US$50.00. Having broken major Fibonacci support at US$62.50 (61.8% retracement of the 1998-2008 rise) and failed to find support at US$49.96 (January 2007 low), crude could spike down to the major pivot point at US$40.00, according to Dow Jones Newswires technical analysis. Clearly, the market is factoring in global depression. Based on its rough correlation with oil, Woodside might also see further weakness. But there's a massive retracement support level on Woodside at A$27.14 (61.8% of 1974-2008 rise). Shorts should consider taking profit at current levels and investors should consider buying if support emerges. (DWR)

watchlist Created with Sketch. Add WPL (ASX) to my watchlist
(20min delay)
Mkt cap ! $22.17B
Open High Low Value Volume
$23.50 $23.66 $23.16 $50.59M 2.151M

Buyers (Bids)

No. Vol. Price($)
5 509 $23.53

Sellers (Offers)

Price($) Vol. No.
$23.54 1733 7
View Market Depth
Last trade - 13.40pm 27/05/2020 (20 minute delay) ?
0.290 ( 1.45 %)
Open High Low Volume
$23.46 $23.66 $23.17 471265
Last updated 13.58pm 27/05/2020 (live) ?
WPL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.