WHC 0.81% $8.54 whitehaven coal limited

Downside?, page-440

  1. 6,411 Posts.
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    Some downrampers I think, are very interested in the stock but are confident they can get it at a cheaper price.

    Anyway, one thing I like to watch is the price of oil as it relates to coal, and I think oil is a better indicator of the strength of the economy than the S&P.

    WTI daily chart looks like it's consolidating at a higher price.

    https://hotcopper.com.au/data/attachments/5541/5541162-9f2cbb282e7904437c2f5cfe973ebc70.jpg

 
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