WHC 2.16% $7.09 whitehaven coal limited

whc, page-16

  1. 4,708 Posts.
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    Missed buying in pre $1.60 run up... but I charted it and bought in on paper because of a lack of moolah , would have so loved to have bought in based on my analysis of the time - see chart below.

    True to the word it has now hit the 100% price target I set back around 17 july, what will be in store for WHC now?

    I would imagine a retracement of 50% or so to calm.. but I am pondering if this has further to go/run up. Mainly in terms of the general coal market and coal stocks as a whole - what is everyones opinion, has coal in general bottomed out? Does this have further to run past $2.20?

 
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