it took a lot of buying power to reduce the Supply of sellers at $8... but now we are through and should continue to run to $9 which will be our next strong resistance level.
Strong resistance is generally found at round numbers .
Of course I'm not saying that strong and improving fundamentals are not continued major drivers ...such as hopefully the Blackwater mine restructuring process which should inject a substantial cash sum from equity sales of 20% or even 30% and of course the added sales of coal from the purchased mines.
We await the conclusion of the contractual process and hopefully a welcome result!!
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- Resistance was $8...Now $8 is support
Resistance was $8...Now $8 is support
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Last
$8.97 |
Change
-0.020(0.22%) |
Mkt cap ! $7.504B |
Open | High | Low | Value | Volume |
$8.97 | $9.08 | $8.94 | $35.74M | 3.977M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 7560 | $8.96 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.97 | 14961 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2000 | 8.950 |
1 | 50000 | 8.940 |
3 | 17367 | 8.930 |
4 | 60631 | 8.920 |
7 | 28207 | 8.910 |
Price($) | Vol. | No. |
---|---|---|
8.970 | 14961 | 3 |
8.980 | 50000 | 1 |
9.000 | 39631 | 8 |
9.010 | 23588 | 3 |
9.020 | 2000 | 1 |
Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
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WHC (ASX) Chart |