Bearish potential detected for WHCEntry conditions:
(i) lower share price for ASX:WHC along with swing up of the DMI indicators and swing down of the RSI indicator, and
(ii) observation of market reaction at the support level at $5.55.
Stop loss for the trade would be, dependent of risk tolerance:
(i) above the resistance level f
WHC ConsolidationI think this provides a perfect example of how keeping things simple can make things a lot clearer. Only a matter of time before we see a breakout either way but until then, price continues to print sideways as it consolidates. The range of consolidation alone is around 6-7% which provides some quic
RiskMastery's Red Flag Stocks - WHC EditionWelcome to RiskMastery's Red Flag Stocks - Stocks with bearish potential.
In this edition, we'll be looking at ASX:WHC ...
I believe this code is at a point of potential volatility.
If price can hold below $6.79 ... Bearish potential may be unlocked.
My key downside targets include:
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WHC Target Reached + Risk Control!WHC has been a good ran from $7.26 to nearly $8. However, Market didn't see its potential.
It dropped out of ascending channel with poor earning. Its good company which mining Coal. It might go sideways if it's being supported by its price action. There is still a chance to go up as over all trend s
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Displays a symbol's price movements over previous years to identify recurring trends.