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Rotuma
Mar 5, 2018 9:39 PM

WPL.ASX Technical Ananlysis 

Description

1.Share prices are currently trading at around October 2017 lows at 28.56 also below its 200 moving average
2. It's long-term moving average 200 is still above 500 so I think prices will consolidate at this point before progressing to the upside
3. There is a price gap to fill around 30.69 so a break above 29.68 resistance could see prices head that way to fill the gap.
4. Critical support around 28.37-27.78
Comments
Bipolar_trader
Agreed, excellent analysis
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