I have exited my position today.
I will wait until the day of the release of results.
Hopefully there will be a great opportunity to buy that day or shortly thereafter. If not, no big deal.
Have a look at the trading range of WHC as an example. They are the opportunities you look for. Well I do.
In and out as I don't like the prospects of thermal coal.
Met coal is king.
I will post something for all of you to look and analyse and draw your own conclusions directly after the market closes.
I'm fairly certain it's very accurate.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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---|---|---|
7 | 8258 | $1.25 |
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Price($) | Vol. | No. |
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12 | 90261 | 1.240 |
10 | 51895 | 1.235 |
14 | 153895 | 1.230 |
7 | 20082 | 1.225 |
Price($) | Vol. | No. |
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