WHC 0.39% $7.80 whitehaven coal limited

Target $18.72, page-9741

  1. 1,969 Posts.
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    Borano as you know It had spiked well ahead of trend ..Strong resistance was hit at $9.03...could be a further pull back ...looks like some good support at $8.46.

    Every now and then a few bits of coal fall off the fire..seems this is a good clean out time or "Nervous Nelly Time".I can almost hear the knees knocking!!! "I can almost hear the cannons firing..and what did the Rothschilds say about cannon fire?"

    Good news is that charts do show sharp rebounds on pull backs and the long term chart shows a cup and handle formation in progress which points to an enormous upward move ahead...Ahead means ..Some Time Ahead!!!
    All the Best to All.
 
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