WHC 6.25% $7.65 whitehaven coal limited

Caution, share price is too high, page-239

  1. 6,136 Posts.
    lightbulb Created with Sketch. 1008
    "Macros not supportive however."

    That's the underlying theme.

    The macro and fundamentals do not support the charts.

    The underlying coal price is the driver of the business and there is a serious disconnect right now.
    This disconnect obliterates long term technical analysis.

    https://hotcopper.com.au/data/attachments/4451/4451664-2eab8d3328d7f8fafc18d5e51217f4c8.jpg

 
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