BizkitBR

Arch Coal needs some mojo into next week

NYSE:ACI   Albertsons Companies, Inc.
Arch coal will need some momentum into to next week or it's more of the same old bucket of coal we've seen in the last year. MET coal has been moving up but not thermal coal for some reason. Below is an example of how an indicator showing an overbought Stochastic but not a RSI can crush price. I do feel coal although not loved its very needed. It will be many years until we see where coal is kicked to the trash pile. If you have any feedback let me know.. GL
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.