There is too much potential risk, are you buying the 'top' in the market here?, What if the war in Ukraine deescalates?, What about the FED raising rates to specifically to cool energy markets, you can just look at now and things look great, will they be great in 3-6 months for the coal market? You have to look ahead, most other commodities have fallen a lot about 25% and there isn't anything special about coal, my analysis suggests correction soon going by when coal started going up in oct/sept 2020, nhc & whc were the last stocks on the asx to start moving up from the massive covid stimulus so in my mind they are the last to correct.
NHC Price at posting:
$3.90 Sentiment: Sell Disclosure: Not Held
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