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**New Idea** Whitehaven Coal (WHC) has consolidated strong gains enjoyed in September over the last three weeks, and we believe another leg on the upside is a strong possibility in the short term.
NB This is a trade and should not be confused with our medium/long-term bullish outlook toward coal stocks.
- We like the risk/reward towards Whitehaven Coal (WHC), initially targeting $8 while running a 7% stop.
Buy WHC as a trade below $6.80 with stops under $6.35
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