WPL 1.97% $28.92 woodside petroleum ltd

Woodside Market Mad---free float composite ranking

  1. 4,330 Posts.

    posted: Sunday 8.00 p.m. Sydney time April 28, 2002
    last price: $13.59 code: WPL
    The all important key level for Woodside is now at hand.
    The said level stands at the bigger picture trend support of line B, intersecting at 13.36 this week.
    The proximity of the key level presents an opportunity for both investors and traders.
    Traders wanting to buy, simply buy just above 13.36, and exit on stop if the support of line B fails.
    There is also the alternative of writing puts, if that is your go.
    The investor scenario is equally positive. The buy zone stands between here and 13.36.
    The bigger picture investors, who buy something every week, should be picking up wpl this week.
    The signal will be very bearish indeed if line B fails, but until then, that is the less likely scenario.
    The fact is, line B is from where the price is most likely to bounce.
    The bounce scenario does look the more likely, as I say, and especially after the last 2 candles.
    The hammer-like shape of each candle is clear confirmation of the strength of support now at hand.
    There are a number of big shops tipping Woodside, and that does help to some extent.
    They point to both the impressive reserves, and to the growth potential, as the bullish spurs.
    There is however the consensus opinion that earnings will soften notably in the medium term.
    That softening process may present some risk for the share price, at a point not far down the track.
    That all said, the key feature to observe is the trend support of line B.
    The outlook will sour profoundly if below B on a closing basis, but until then, this is the buy zone.


    1/4/02
    J.P. Morgan have intiated a new composite ranking---if you go on momentum and return on equity---the top picks currently from them are Tabcorp TAB Woodside AXA Santos and Illuka---so on Illuka Macquarie Equities also agree's---Steve (it has as you know already risen--Illuka)
    http://www.stockhouse.com.au/bullboards/viewmessage.asp?no=5072258&tableid=1
    -----------------------------------------------------------------------------
    http://www.standardandpoors.com/
    --------------------------------------------------------------------
    Free Float Parallel - S&P/ASX Index
    Sydney, Australia, April 8, 2002
    April 2002
    http://www.spglobal.com/freefloat_parallel_impacts.pdf
    Stocks gaining in index weight Over 10 basis points Between 5 and 10 bps Between 2 and 4 bps 1 basis point
    NAB, BHP, CBA, TLS WBC, ANZ, AMP, WOW WES, WMC, FGL, BIL CML, CSL, MBL, WFT SUN, MIG, CSR, GPT SGT, AMC, IAG, SPT QBE, TAH, MAY SGP, BEN, STO, AGL JHX, FXJ, MIM, MGR RMD, DOW, COH, BLD ORG, GMF, HLY, NCM PPX, FOA, BTO, TAB PPT, CEP, ASX, IPG ADP BOQ, FCL, BCA, APA MGI, ENV, ILU, DDF SRP, MOF, SGW ,OST TCL, SIG, CPA, ADB LUO, MCW, AWB, AFI SMS, PBB, ADZ, GNS DJS, ION, OPS, CRG PTD, MTT, SSX
    --------------------------------------------------------------
    Stocks with falls in index weight . S&P/ASX 200 There are 109 stocks that are subject to a drop in index capitalisation and 7 stocks that have increased in index capitalsation. Of the 107 down-weighted stocks only 48 have a change in index weight greater than 2 basis points, and only 13 have a reduction in index weight in excess of 10 basis points. Over 10 basis points Between 5 and 10 bps Between 2 and 4 bps 1 basis point RIO, NCP, WPL, PBL WSF, LEI, AXA, CCL QAN, NCPDP, SEV HVN, TOL TEL, ALL, BBG, UEL GAN, CXP, LNN, DOT LLC, RHC APN, LHG, ART, ALN AEO, ABC, CTX, CPU CFT, PRKPA, WAN SLX, VRL, NFD, SGB HTA, WFA, AOF, BRZ TNE, MIA, AXN, JBM MYO, HPX TEM, ENE, BWA, CLH IRE, VRLPA, ROC KAZ, PDP, AUY, AQP PHY, IHG, CLI, BRS DIT, IDT, OSH, BWP JUP, PRK, CAA, MRL SHL, PPH, TIM BPC, AOR, CDO



    Standard and Poors Free Float weightings April 2002--PDF file.
 
watchlist Created with Sketch. Add WPL (ASX) to my watchlist
(20min delay)
Last
$28.92
Change
-0.580(1.97%)
Mkt cap ! $27.25B
Open High Low Value Volume
$28.90 $29.48 $28.69 $151.1M 5.209M

Buyers (Bids)

No. Vol. Price($)
4 4217 $28.90
 

Sellers (Offers)

Price($) Vol. No.
$28.96 8928 3
View Market Depth
Last trade - 16.10pm 27/02/2020 (20 minute delay) ?
(live)
Last
$28.85
  Change
-0.580 ( 2.05 %)
Open High Low Volume
$28.90 $29.47 $28.69 765209
Last updated 15.59pm 27/02/2020 (live) ?
WPL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.