In early September, we made what turned out to be a pretty accurate call on crude, predicting that $95~ was the target. CL WTI Crude Oil - Getting In Sync With The Market Makers In July, after analysis, I predicted that the target for crude in the intermediate term is actually a 3-or-4 handle, based on reading the tea leaves of yearly bars. Oil - A New...
Every time the price of oil goes up, there's a group of bulls that are sure they're catching the train to $150. I mean, I do think oil will go to $150, and there has to be a bottom that comes first, so there's that. But with fossil fuels and energy producers it seems the pumps are rare, the consolidations are frequent, and the dumps are more common. In two...
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 optimum strategy for BTU: Momentum 160 • Start price: 28,90 • Current stop-loss: 26,785 • Trailing stop-loss: ATR(14) x 1,4 • Projected annual return: +132% • Take profit: not installed • Average trades per month: 1 • Average profit per 1 trade: +6,74% • Strategy win-rate: 47% • Technical analysis applicability for 3325 technical strategies: 73,1%...
or this may be a 2B double top extension. (see Bitcoin Nov-2021 2B top, or see Gold-ounce double top from Ukraine tensions in Spring 2022) I think that the coal new paradigm pump is a sell the news event, energy supply tensions are easing and in the USA the domestic stress of a Rail Workers Union strike will be resolved within weeks. Strong Supply...
Think in the next 3-5 years we're going to see energy/commodity type names outperform a lot of tech - BTU has been a beast in the coal sector and for now my favorite stock in the industry. As long as that 50 week MA holds, it's likely to continue consolidating and eventually break new 52 week highs maybe all time highs next year.
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...
Still correcting as expected. Received a comment on $TWTR stating no way... Well I guess we will have to see. Sometimes things just happen that's out of our control. Will track closely and buy when the opportunity presents itself.
As expected, correction in progress. Will be tracking very closely as in our opinion energy stocks will provide an amazing opportunity in the future. Whether its coal, uranium, oil, or natural gas we all need to realize the amount of energy the electrical world will need. Pay attention...
Usoil may have peaked for at least a few months. Any higher than 124 and I'm wrong, but very few people are thinking we are about to embark on a C wave down. If this is true Oil will start to underperform the SPX.
BTU current price is way above off MA levels and RSI is overbought
$35 is my first target. Have a tight stop loss at 27. Must stay above 27 for it to reach $35. Chart looks bullish with consistent higher highs.
Same theory as others, been in an ascending triangle and Russia-Ukraine war increases demand
Now everyone is talking about the energy sector. The Risk vs Reward is not attractive
BTU has been ripping and will be looking to take gains again at these levels. Great trade !
BTU nice run here although recent offering news caused a quick sell off that was bought right up . Technically was just a retrace to the 20MA and bounce, forming a cup and handle like pattern $19.8 zone has been heavy resistance if you're not already in this trade, watch for a short opportunity (rejection) or long (breakout) at this pivot point. Own tennis...
Huge buildup of demand in energy sector has created opportunities in coal. BTU crossed 200dma in weekly chart and look to sustain up movement.
BTU Peabody Energy Corp weekly nice bullish set up : -Bull Flag -Cupping base -MACD cross confluence -RSI curl -9/21EMA cross With good ER numbers this looks primed to rocket. Conversely, given the overall market a miss could send this back down to $8 zone. However Coal and Energy market showing some resilience amongst a lot of red. I'm long APR $12 calls