Group Focus: Coal Stocks in Late Stage 3 – 28 December 2022 (34mins)

The midweek video is a group focus on the Coal group and stocks, which led the market through the majority of 2021 and early 2022, and has multiple stocks closing the year above a +100% gain and three quarters of the stocks with more than a +20% gain year to date. However, the group and its stocks have weakened in late Stage 3 type structures over the last 8 months or so, and hence it is vulnerable to a potential Stage 4 breakdown attempt. 

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Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.