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Alf200020
Dec 21, 2023 1:16 AM

WHC, Target $8-9 Long

WHITEHAVEN COAL LIMITEDASX

Description

WHC is good energy stock. Trending up. All 5/10/20/60 MAs are in line to build the Wave. MACD is above 0. A strong and positive wave which hopefully will bring Santa to US.

Trade active

So Far, WHC is going well in this ascending channel. Hopefully it will reach target $8.60. Go WHC ! it might Gap up soon...
Comments
Permaculture
How'd your trade management play out?
Alf200020
@Permaculture, I have exited the trade from stop lost @ 20 MA @ $8.04, I made a small profit from it.$1200. I don't trade at earning because its very volatile.
It has dropped out my ascending channel due to poor earning. it means it might go either sideways Or consolidation.
Now, Its stops @ $7.14. see it can be supported, if it can be supported, there is a chance it might go sideways and go up again
if you still have the trade, you need to get out now or reduce position size before it might have another big drop.
Permaculture
Great trade management, you sound seasoned well structured with your trade plan ! 🤘
Alf200020
@Permaculture, No Worries, Have lovely weekend!
Alf200020
@Permaculture, watch AWC, its going strong!
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