Column: How a bankruptcy filing shielded a big coal company from California’s climate-change lawsuits
Peabody Energy, the nation’s largest private-sector coal company, joined several of its fellow coal producers in bankruptcy in 2016. Its main goal was to wriggle out from under more than $10 billion in debt it had incurred to expand, even as demand was sharply...
The Climate Change activism is over, Hard Energy Assets will return to power.
Domestic Coal has a lot of upward expansion ahead of itself, Peabody is currently pushing numbers: 5 P/E and EPS close to $5
Mkt Cap Valuation is less than 4 billion, can easily run to 6
Peabody (NYSE: BTU) is a leading coal producer, providing essential products for the...
Trend is intact measured by volatility and registering an extreme oversold condition at the edge of the trend. Heighted fear and uncertainty can result in some very handsome buying opportunities....
$BTU broke out of its 15 months long inverse head and shoulder chart pattern, surging +60.75% over the past 6 trading session. $BTU is currently closed at $8.59, a 52 weeks high price.
At the current juncture, $BTU is trading above its 200DMA for the first time in 30 months; a significant long term trend reversal behavioral price action, accompanied with...
As per the Chart
Abbreviations;
ND=No demand
NS= No supply
DW= Demand Wave
RFSB= Resistance from Supply Bar
SFDB support from Demand Bar
SLK= Stop Loss killer
SLKB= Stop Loss Killer Bottom
DB= Demand Bar
SB= Supply Bar
EVRB= effort vs Result Bottom
My Mentors and Inspiration
Volume Analysis - Oleg Alexandrov
Money and risk Management - Dmitriy Lavrov
First entry on possible floor at 2.34, with a wide stop near $1.99.
(but I'd just let it run without any stops, swings are rather large at this point, and there's a huge chance that you might be stop hunted )
Normalized volume (price * volume) is pretty much dying up. Yes I know the fundamentals are absolute garbage but there'll be some retrace eventually as a...
