Looks like a perfect 5 wave upmove ( 5th wave in extension ) is already done.. may short the stock with an immediate target of 265-264 and then 250..
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).
Fundamentals around Copper, Steel rebar, Iron ore, Coal not looking so rosy currently. Technically Copper HG looking weak. Dec'16 lows could be next resistance at 2.4785 (Approx LME 5500), a further significant break here could see 38.2% Fib area tested (2.3425) then Nov lows of 2.09. Support may be found at 2.5935.
SEE NEW NOTES BELOW FIRST-INDICATORS GOOD
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.
always read notes below first-turnaround industry under trump-stoc crossed at bottom-percent r upper range-obv good
see notes below firs taroon crossed -percent r upper range-obv good
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...
diversify-dynamic stop loss 8 ema-use limits-wait for 3 timeframes to match up daily weekly 15 min
A retest of $8 is called for.
A break above $42 will prove very bullish.
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...
Fundamentally we have the Reserve Bank of Australia with a neutral stance and the Reserve Bank of New Zealand with a neutral stance after the latest rate cut. In fact the NZ CPI Figures are scheduled for this week before we head into the showdown of the RBNZ in the last week of January. I am expecting a drop in NZ CPI Figures of round about -0.5%, while the newest...
I lost money trading CLD in the past at IPO, Yep, didn't have Tradingview then to check the ranges i was trading, but this new EPA ruling makes me think the bottom is priced in for coal stocks. People will think this is good news, and decide to buy, or dollar average to this price based on this news if they held before. www.marketwatch.com My theory, coal has...
Just watch Tony Seba's videos www.youtube.com Solar is the future. Watch his other videos too, you will probably not invest in other energy sources except Wind and Solar, but I think solar will surpass everything by 2030. Short Coal, buy something else, maybe a lithium mine instead? hehe