2waytrading

Symmetrical Continuation Triangle (Bearish)

Short
BATS:BTU   Peabody Energy Corporation
0
The company will report its earning on Jan 29 for your information. This bearish pattern has a measured move of 34% downside and probably that can happen in this year. If you decide to short this stock make your stop loss at Friday' high $26.57 with target price $17. Join us http://www.woowtrading.net

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.