WOR — Looks Like Price Finally Hit a Solid FloorWorley LimitedASX_DLY:WORCay7monWOR — Looks Like Price Finally Hit a Solid Floor Worley Limited (ASX: WOR) is not some tiny speculative stock. It is one of Australia’s major global engineering and project-delivery companies, operating across energy, chemicals, resources and critical infrastructure. The company works across the full life of major projects — from consulting and engineering through procurement, construction, operations and decommissioning — with more than 40,000 employees across over 40 countries and annual revenue above $12 billion. Fundamentally, there is still a substantial business underneath this battered share price. FY2026 continued to deliver growth in revenue, EBITA and cash flow, while Worley reported a $13.8 billion revenue backlog, 93.6% normalized cash conversion and ongoing capital returns through share buybacks. Around 69% of aggregated revenue was classified as sustainability-related, giving the company exposure not only to traditional energy and resources, but also the enormous investment cycle occurring around energy transition, infrastructure resilience and resource security. I spent yesterday cleaning a granite floor, so maybe I’ve got floors on the brain. 😂 But looking at Worley, price may finally be testing one that matters. After a long structural decline, WOR has arrived at a major higher-timeframe support area around the current base. The damage above is still there, so I’m not calling an instant bull market — but this is the first area where the risk/reward for a meaningful recovery starts to get interesting. Granite floor below. Plenty of ceiling repairs still required above. 😎 The big battleground to me is: $9.50–$10.00 The first job for price is simply to prove that this floor can hold. If it does, I’m watching for a recovery through the first resistance area around $10.80–$11.20, followed by the more important battleground around $12.20–$12.70. That second zone matters because it would represent more than just a bounce. A successful reclaim there would begin to damage the larger sequence of lower highs and open the road toward roughly $14–$15. Beyond that, the higher-timeframe map begins to allow for a much larger recovery toward the $17–$18 region, but that is not the first trade and it is not the first assumption. Price has several ceilings to repair before that becomes the main road. On the downside, the current base around $9.40–$9.70 is the area I do not want to see fail. If price loses that floor on the higher timeframes, the recovery thesis weakens substantially and the lower structure around the high-$8 region comes back into play. So the current map is not simply: “WOR is cheap, therefore it must go up.” It is: A large global engineering business has been heavily repriced, and price is now sitting at a major structural floor while the higher-timeframe route is beginning to show the possibility of a recovery campaign. The floor is there. Now WOR has to prove it can stand on it. 😎 - so put the whole thing in?? of what i just posted ---Cay7mon About this map: This forecast map isn’t trying to predict the exact dollar. I’m mapping the probable direction and route so there’s a game plan ahead of time. As price changes, the map adapts to the evidence. Check the updates for any changes to the route.