The high trend line has now broken, which was never going to be sustainable. I've drawn 2 other trend lines. The medium trend line I believe is a reasonable target that the SP may drop to. Fundamentally WHC is still very attractive, but I have noticed the coal futures have started to drop. Perhaps there is enough energy for Europe Winter. We'll find out. For now I'm on the side-lines until confirmation of the up-trend.
Caution, share price is too high, page-1002
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Last
$7.63 |
Change
-0.170(2.18%) |
Mkt cap ! $6.383B | |||
| Open | High | Low | Value | Volume |
| $7.85 | $7.87 | $7.63 | $41.07M | 5.326M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 38743 | $7.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.65 | 32990 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| WHC (ASX) Chart |