How high can it go?, page-9

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Davo73

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28/10/24

18:37

Post #: 76340114
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Originally posted by Shorterskillme: ↑

Indeed, lovely to see.

Keeping a close eye on it myself. Wouldn't mind it pulling back or just tracking sideways for a bit to be honest as a couple of metrics are starting to indicate it being a little overbought RSI, MACD).

We are filling the no divi gap nicely on the chart though. That goes back to $6.96. Further resistance around the $7.20 mark.
A break above that, look for $7.60 resistance.
Break that and forget about it...off to the races with a 1.618 fib retrace to around $8.70

To give the alternative view, I'm seeing downside support at $6.55 then $6.20. Break that and look for $5.80. After that, someone shoot me

It'll all depend on coal which will hopefully benefit from some more China stimulus next week imo.
Think it's a seasonally strong period for coal into the end of the year so...
Fingers crossed.
GLTAH. DYOR

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Yep agree on over bought. Don’t forget the fact that YAL is still in the hunt for Anglo’s mines. I think that will have a greater impact than coal price in the short term. Either negative or positive I’m not sure.

YAL Price at posting: $6.74 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $6.20		Change 0.000(0.00%)		Mkt cap ! $8.186B

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	4	$6.58

Sellers (Offers)

Price($)	Vol.	No.
$5.89	46	1

View Market Depth

No.	Vol.	Price($)
1	4	6.580
3	2332	6.510
1	800	6.300
5	4758	6.210
3	5002	6.200

Price($)	Vol.	No.
5.890	46	1
6.020	116	1
6.150	534	1
6.200	9149	3
6.210	1934	2

Last trade - 09.46am 04/07/2025 (20 minute delay)

YAL (ASX) Chart

How high can it go?, page-9

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How high can it go?, page-9

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