Coal India Ltd.
Not a lot to say, but for those who are stuck at top.. don't loose hope.. Time is coming.
Wether it will start a new and and its first Bullish structure or just a corrective one, that time will tell. However one thing is for sure. It will reverse and rebound for sure.
COAL INDIA SHOWING WEAKNESS AT 136.55
SHORT FOR TARGET OF T1- 128 T2- 124 ( TRIPLE BOTTOM FORMATION AT 136.55)
SL ABOVE 137
IF THE PRICE SUSTAINS ABOVE 136.55 GO LONG!
FOR TARGET OF T1- 140 T2- 145 ( LOOK FOR WEAKNESS/ STRENGTH NEAR THE YELLOW TRENDLINE ).
KEEP THE PRICE ACTION IN MIND AND TRADE ACCORDINGLY.
Coal India has been very bearish on Daily time frame and is not able to give price action movement of bullish nature. Thus a recent break of support line and testing its once it is now going to test it second time, though the prob. falls in the second time for retracement but still a price action confirmation can lead us for a short entry.
Broke the support. You have no idea how low this thing can go. Coal business is dead and will be dead for the next 100 years. Stay of commodities that have no future but had a good run. Get into commodities that have to do with green energy because thats where the next 100 years is going to be.
Whitehaven Coal approaching key support level. Will it hold?
Fundamental is not looking good due to labour shortages and bushfire disruption.
It is below all moving averages and other technical indicators are showing it most likely to go lower towards the key support line of $2.49.
Not financial advice but If I was holding, it is time to sell and buy something else.
"Speculators are people with better than average foresight that step in as buyers when there is an excess in supply, store commodity, and then release the commodity when there is a drop in supply (or rise in demand)" (Nicholas Kaldor, economist)
Here, there is the possibility of profiting from having this better than average foresight.
Simply looking at the truth...
Around €10.000.000 marketcap, 138 million total outstanding shares, an all-star team (probably the best for a smaller company) and 200-400 million lbs of uranium below their feet, while sold the biggest US based uranium resource in history for about €1.250.000.000 (more than 120x enCore’s current value). I’m truely obsessed by this company and having a big stake,...
Ramaco Resources, Inc. engages in the operation and development of coal mining properties. The firm deals with metallurgical coal in central and southern West Virginia, southwestern Virginia, and southwestern Pennsylvania. Its portfolio consists of Elk Creek, Berwind, RAM Mine, and Knox Creek. The company was founded by Randall W. Atkins in August 2015 and is...
Trump has been in Office for 921 days. He campaigned on bringing back old industries like steel and of course 'clean' coal. He lived up to his promises of lifting and removing thousands of environmental regulations and laws. So what are the results?
....................1/20/09 - 1/20/17..............1/20/09 - 7/30/11..............1/20/17 - 7/30/119 ...
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...