I think you might be right. I think that the technical traders are playing now with WHC. The technical formation is just perfect to pump it. You see that the volume is not high so the resistance is low...Not much needed to pump it high. With steep rise there will be nobody to short and I expect it to rise near $10. And if we see coal prices to drop it can be dumped back to $7 again. Wondering if it's a good medium-term action to do - sell it near $10.
I think you might be right. I think that the technical traders...
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 (20min delay)
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Last
$8.10 |
Change
0.080(1.00%) |
Mkt cap ! $6.776B | |||
| Open | High | Low | Value | Volume |
| $8.09 | $8.18 | $8.04 | $31.44M | 3.879M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 22784 | $8.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.10 | 28375 | 28 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$8.07 |
Change
0.080 ( 0.74 %) |
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| Open | High | Low | Volume | ||
| $8.09 | $8.17 | $8.03 | 1050924 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| WHC (ASX) Chart |