Woodside – Buy

WPL:ASX is under Algo Engine buy conditions and is a current holding in our ASX model portfolio.

12/6 Buy: Both investors and traders may wish to take another look at WPL. The recent pullback and higher low at $23 provide another opportunity to buy the stock.

Traders may consider a stop loss below 23.10.

Woodside – Rallies 10%

WPL:ASX is under Algo Engine buy conditions and is a current holding in our ASX model portfolio.

Buy WPL above the $21.50 support level.

4/6 Update: WPL has now rallied 10% from the pivot low and we see further upside potential supported by strong energy prices.