Per TradingView, Cloud Peak Energy's Next E.R. Is This Friday
I think this stock has some pretty good looking T.A.
- OBV is kissing a critical resistance level.
- Chaikin Oscillator had an explosive move up from its' low on this daily timeframe. It seems ready to test the 0 line soon.
- It's broken overhead resistance on higher volume than we've seen it...
I've been taking quite a deep look at the relationship between correlatives of the Australian dollar lately. There's no question that this deep dive would be remiss without looking at correlation coefficients between AUDUSD and that of commodities it exports, primarily iron ore and coal. The chart really speaks for itself. Aussie dollar sees strength when coal and...
Good volume in this stock as of late & something to keep an eye on.
I can see this spike on next news on the final project approval by government
Got a good feeling that it could happen in April.
Price continues to hold the 20ma & closed above weekly t-line
37-40p target for 1st slice although it could go higher with right news possibly 68p as last time a few weeks ago.
With the potential Trade deal getting even closer among the worlds two largest economy and trump delaying the tariffs, The Australian Dollar may appreciate but NOT too much. In the analysis below i explained why the AUD is in for some benefit but DO NOT expect it rally should the trade deal be made!
Same goes Fundamental...
Coal India is Offering for Sale (OFS) its shares at 5% Discount on Retail. The Current Price is 275.85 and the Company is offering its shares at 266 (Floor Price) from 9:15 AM to 3:30 PM for 31st October and 1st November.
If we are able to get our hands on this share at a price of around 266 area, it would be in our Buy Zone of the Symmetrical Triangle. We could...
Coal has been on the rise and it is now at the same level as in 2012 before it collapse all the way to 50s in 2016. This prediction is a bit shabby, but I tried my best because this commodity has been supporting Indonesia's economy since late 2017, and another reason that this analysis is shabby because I'm not using the candle, I used Heikin Ashi in order to...
A solid risk vs reward trade looks to be setting up on the Bathurst Resources chart.
We are seeing the 200 day MA and long term trend line looking like meeting at the volumetric support zone of 13c
The trade is it plays our will be entered at 13c with a exit or 16.5c on the first likely resistance point representing a 26% move from entry and a 1.75 risk/reward ratio
Just finished writing a detailed analysis of ADES in which I talk about the growing demand for refined coal both in the United States, and more importantly Southeast Asia. ADES is sitting on loads of cash, its turning around its cash from operations, and has a solid catalyst in its chemicals business that puts it ahead of the industry. Using DCF it has a fair...
Cokal Limited have recently announced a non binding LOI for the sale of 50,000 tonnes of high grade coal per month. The LOI is expected to move over the next few days into a binding agreement which should see the company achieve a valuation based on the project economics
The project basics
Non binding LOI for A$400m of coal sales at 50k t/month
Coal (here shown as KOL, that is, its ETF) seems to be forming an ascending triangle. Now it is approaching support so you may consider buying if it bounces off (or wait until it breaches the support if you are more conservative).
If we get a nice Santa Clause melt-up, followed by a sell off in January, expect people to flock to utilities.
The first bill everybody pays is their electricity bill. If we start to get the handle formation, I'm betting the house as soon as we gap up.
Looking for for the past and expecting that recovery would be just 50% of the similar one that started in 2009, and will last 50% shorter, last rise lasted about 791d and this may last 50% shorter i.e. 366d.
Granting that this would be true, Q1 2017 would be the best period to open short positions of coal companies.
Of course this just my view, not a trading advice.