Quick look mate is yuk.
This has been in a downtrend for 5 years and nothing is pulling it up. As you say coal is very out of flavor.
I wouldnt touch this, until it turns the corner and back tests it on low volume. Seriously there is hundreds of different stocks out there, if your intention is to only trade long, why pick this??
Repeat the mantra, "The trend is your friend"
Sorry I couldnt be more positive.
On the daily you have some high volumes recently going through 15/1 and 5/2 that hint at buyers over coming supply, however those bars have since failed in the last 2 days indicating the seller hasnt finished.
Best of luck and DYOR.
WHC Chart, page-2
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 (20min delay)
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Last
$8.95 |
Change
0.030(0.34%) |
Mkt cap ! $7.495B | |||
| Open | High | Low | Value | Volume |
| $8.95 | $8.98 | $8.77 | $28.99M | 3.259M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 12304 | $8.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.95 | 6598 | 14 |
View Market Depth
| Last trade - 14.08pm 04/07/2024 (20 minute delay) ? |
| WHC (ASX) Chart |