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Whitehaven Coal (WHC) $1.665

One of our more contentious holdings in the MM Flagship Growth portfolio is WHC which has actually been the ASX200’s best performing stock both yesterday and over the last month, its rallied an impressive +30% while the ASX has struggled to gain +2%. Averaging our holding into Aprils sharp pullback is paying dividends on paper with the overall position now showing a small profit, we continue to believe WHC is cheap as the coal price tests its decade old high.

MM is bullish WHC initially targeting the $2.10 resistance area, another ~30% higher
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Whitehaven Coal (WHC)
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