Woodside (WDS) Tactical Short - LNG Tailwinds Priced, Hedging Likely Caps Upside
Woodside trades near its 52-week high with a market cap of $45.3B and a 4.5% yield. Positive macro headlines around LNG have driven interest, but evidence of capped upside, bearish momentum and elevated short activity argue for a tactical short. Entry $23.70, target $20.00, stop $25.50 - mid-term swing (45 trading days).