WHC 5.26% $7.30 whitehaven coal limited

Target $9.36, page-925

  1. Lzn
    345 Posts.
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    Technical Wise The gap between 30ma and 200ma is $1.60 and is starting to close. I reckon the gap might have to be reduced to below 60c and that means SP may dive to mid/low $4s before the next leg up to a level of $2-3 above our current $5.50 peak, that's around $8.

    RSI is 41 now and heading lower and it then might be a good time to load some more before quarterly/annual report.

    DYOR.
 
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