Our portfolio is up by more than 15% in the month of November. We are strictly following Mark Minervini's Trading Methodology. Here is a quick summary: Mark Minervini's trading methodology, often encapsulated in his SEPA (Specific Entry Point Analysis) system, is a comprehensive approach to trading that emphasizes the importance of timing, risk management, and...
Consol Energy - 30d expiry - We look to Buy at 63.75 (stop at 60.75) We are trading at overbought extremes. Previous resistance at 64 now becomes support. The previous swing low is located at 63.32. Bespoke support is located at 64. We look to buy dips. Expect trading to remain mixed and volatile. Our profit targets will be 70.75 and 72.75 Resistance:...
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...
Consol Energy - 30d expiry - We look to Buy at 63.75 (stop at 60.75) We are trading at overbought extremes. Previous resistance at 64 now becomes support. The previous swing low is located at 63.32. Bespoke support is located at 64. We look to buy dips. Expect trading to remain mixed and volatile. Our profit targets will be 70.75 and 72.75 Resistance:...
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...
Consol Energy - 30d expiry - We look to Buy at 58.22 (stop at 54.91) Levels below 58 continue to attract buyers. The primary trend remains bullish. There is no sign that this bearish momentum is faltering but the pair has stalled close to a previous swing low of 57.52. We look for a temporary move lower. Short term momentum is bearish. Early pessimism is...
try and be patient with this one. Geopolitical headlines will move it fast in this thin volume topping structure. await a run up near 60 and then play for downside strong fundamentals: finviz.com Greenlight Capital also discussed CONSOL Energy Inc. (NYSE:CEIX) in its Q2 2021 investor letter. The fund said: “Thermal Coal and Natural Gas ESG investing is...
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...
CEIX is leader in the coal industry. Trending. Look for entry points along the way. Tradingview has a nice feature to paste images so I will try it out. The image is a weekly view of the DOW JONES COAL industry. A weekly breakout from a pivot point exceeding the past 8 weeks. You don't need to know what's going to happen next to make money ~Mark Douglas Lose...
Tight orderly pullback. Pilot 10% of full position and scale in if it behaves properly. You don't need to know what's going to happen next to make money ~Mark Douglas Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
Consol Energy, which I wrote about in the beginning of October, has not only risen above its all-time high at $28.27, as I was expecting, but also gained even more than 30% jumping to $36.23. Shares of the coal producer were rising within the upward channel rooted on April 30 and the upper margin crossing $29.40. A breakthrough of the price above the upper margin...
CONSOL ENERGY INC (CEIX) Possible targets $35.15 $37.35 $38.70
This autumn would be long remembered in the market as crude, coal and natural gas prices jumped simultaneously to their several year highs. European Union is planning to expand its move towards green energy to become carbon neutral by 2050. However, to change the world as we know it is hard to do at once. Meanwhile, prices of traditional sources of energy such as...
TRUMP 2020 euphoria to boost Appalachia parabolic drive down #2, can probably extend to $20.000 on a lower volume day/ week. attempt to catch exact bottom is risky