Coal to use a pun is “in the pits” at the moment. All coal stocks are down. The chart for YAL is enclosed and it indicates to me that at “about now” is a reasonable time to enter the stock. The 200 day moving average is till in an uptrend and the other indicators are just marking time around each other.. The RSI is on about 50 meaning the stock is neither loved or unloved and the MACD is just near the Zero which doesn’t really indicate being loved or unloved.
Be wary of anyone who tells you the “NOW” is the right time to buy, but “about now” is a reasonable time to enter the stock depending on your desired outcome. But DYOR.
Coal to use a pun is “in the pits” at the moment. All coal...
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Last
$5.61 |
Change
0.210(3.89%) |
Mkt cap ! $7.407B | |||
| Open | High | Low | Value | Volume |
| $5.40 | $5.62 | $5.36 | $18.67M | 3.386M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $5.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.62 | 4222 | 2 |
View Market Depth
| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| YAL (ASX) Chart |