Yancoal breakout retestPrice moving to supply $5.60 , i missed the buy in at $5 so going to wait see if it falls bacl to $5.30 or so should be a decent buy. Strong fundamentals.
YAL ShortSeveral technical indicators showing weakness in Yancoal including being 1-2 standard deviations above trend in a log regression channel, a head and shoulders pattern on the weekly chart, bearish divergence both on the RSI and stochastic oscillators as well as more fundamental data including AUD str
Get onboard the Coal TrainLooks like a very good asymmetric setup at 6.71 entry and with a juicy dividend coming your way. I can't see how this train could possibly be de-railed in 2023 even with intervention in the energy markets (and now with less La Nina events). Everyone dreams that their stocks might oneday be the cash
Yancoal has 200% in 1 Year and is a BUY nowWatch and learn mofos. This is going to 15+ by end of 2023.
YAL Turn-around20 MA was support, is resistance, was upward sloping, now is downward sloping
Rsi downtrend tool staying below 40
MACD Double negative
Yancoal Australia Looking InterestingJust while we are on the Coal theme with the success of Whitehaven, YAL is looking like it might be at a better value area especially if we get a bounce from here.
Watching to see which way it heads.
Yancoal - a new "A"/H premium?Yancoal ASX:YAL is the largest pure-play coal miner in Australia. They have a secondary listing in Hong Kong HKEX:3668 .
The shares rank equally and pay largely the same net dividends (2021 Australian dividend was fully non-franked). So, they ought to trade at the same price.
Today, 3668 is tra
YAL Swing TradeASX:YAL
Trend observed on the 4H and looking to trade in the 1H.
• Long position, conservative target well below next resistance level.
• Currently in the low volume profile zone i.e. not much volume traded previously in this region.
• short term and long term EMA trends (daily) both bullish.
•
YAL.ASX_Retracement Trade_LongENTRY: 2.99
SL: 2.75
TP1: 3.58
TP2: 4.23
- ADX>20
- RSI>50,RSI<70
- Daily RS +ve
- Daily FFI +ve
- Daily MACD +ve
- Weekly RS +ve
- Weekly FFI -ve
- Weekly MACD +ve
- Breakout of range on 13 Jan 2022 with good volume.
- Retracement thereafter, and today shows volume dry up.
- Looking for it to brea
a quick comparison of ASX coal stocks.just a quick comparison of ASX coal stocks. while much of the price movement is due to commodities prices, the differing levels of resources, expansion plans and exploration proving resources explains much of the chart movements.
See all ideas