WHC 0.22% $8.97 whitehaven coal limited

it took a lot of buying power to reduce the Supply of sellers at...

  1. 1,935 Posts.
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    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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$8.97
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$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
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Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
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