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Chart of the Week: Woodside Energy Group (ASX: WDS) $33.14

We’ve had WDS as a “Chart of the week” before and the story remains the same: WDS looks great and headed to fresh 2026 highs implying that oil prices have further upside. This has concerned us in the past but for now markets are demonstrating significant resilience to the surging oil price so we are doing the same.

  • We can see initially see WDS making new 2026 highs in the coming weeks, above $36.
WDS
MM is bullish towards WDS, targeting ~10-15% upside.
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Woodside Energy Group (WDS)
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