WHITEHAVEN COAL LIMITED
Updated

Australias Whitehaven Coal - Up 200% over 12 months

521
Whitehaven Coal just keeps going up and up. I keep waiting for a pull back but it keeps going from strength to strength.

Not sure how long it will run for - but might be worth setting an alert for a pull back - OR - have a look around in the same sector for a copycat style trade - see who else is running.

See my post below for how to find copycat trade ideas.
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How To: Risk Management - A Trailing Stop Loss of 14% would have kept you in most of this trade. If it broke below that it could have been a good sign to exit and look for a new entry when the trend resumed. The further away from the stop loss line, the greater the chance of a trend reversal.

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See comment below. YAL / Yancoal worth a look too.

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Strong rally (almost 50%) off the recent lows.

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Just a beast and continuing to make Higher Highs. Seems to have pushed up nicely through the $10 mark. Hope that becomes the new base for it to build from.

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Nice bounce off support

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