Hate to be right, hope for the best with a massive oversold
I hate to be right a month ago again for this one. $Whitehaven Coal Ltd (WHC.AU)$ is now 6.025, it has broken its bottom & 52-wk low crossed all its EMAs for more than 15%+. I wish it make it up for the collectors in October with some rebounds.
The problem for WHC now is that it used to has a very high stable yield, so that its price movements won't be as bad & even if you haven't collected it at its bottom, you can still make some decent gain through its yield payout. Now that it has reduced again and again its annual payouts & with some of its ridiculous investments & purchases, really hope it will regain its former glory soon.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
