quick comparison of ASX coal companies
SMR Stanmore Coal
WHC Whitehaven Coal Ltd
NHC New Hope Corporation Ltd
DBI Dalrymple Bay Infrastructure Ltd
ERA Energy Resources of Australia Ltd
PDN Paladin Energy Ltd
YAL Yancoal Australia Ltd
TIG Tigers Realm Coal
EER East Energy Resources
SMR is showing strength and is expected to follow through to the upside. I am eyeing a potential 15% move to the upside at $0.985, where its global POC of Volume Profile lies. The price action is constructive and we may se continuation to the upside.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into...
$SMR - STANMORE COAL - Testing resistance again
Looks like it is setting up for another attempt to push through. Has some better volume signals behind it this time. Might be worth a watch.
Stanmore Coal Limited (SMR) is a mineral exploration company, focusing on the exploration and development of export coking, PCI and thermal coal deposits within the prime coal...
