We'll find out tomorrow if we continue higher. Looking to take profits around 14.45 I like ACI long term as well but will take profits and look for a re entry later.
It is difficult to analyze a paper if there is no history on it. It has no bottom. It will be when there is a strong buyer who will drag it, thereby forming a new bottom and drawing history.This is just my guess as to how it will behave in the market. This paper moves with the market, it correlates with it, if the market falls, then it will go down...
Respecting weekly support. Trade idea. Oct 18 15 calls @ .60. SL below weekly support ~13.50
Show Me the Money! 10 July, 2020, by Vladimir Rojankovski, Chief Analyst, Grand Capital An ongoing change in eating and shopping habits is causing consumers to visit supermarkets more often, which is a trend that benefits many retailer stocks, of which perhaps the cheapest one is Albertsons. Rising number of coronavirus cases and reversal in certain states'...
Announce their EPS USD 0.97 Main Core : Retail trade - Food Retail Market Capitalized : USD 4.363B
Arch Coal based nicely from July 2013 to April 2014 and then pulled back 30%... I think it's almost time for a long black train to comeback into the station. If natural gas has any price or supply issues this winter coal will roar back. It's that time of year to start thinking about winter which is a few months away. Coal is still hated but needed and will not go...
Arch coal will need some momentum into to next week or it's more of the same old bucket of coal we've seen in the last year. MET coal has been moving up but not thermal coal for some reason. Below is an example of how an indicator showing an overbought Stochastic but not a RSI can crush price. I do feel coal although not loved its very needed. It will be many...
The cash flows of the company to me are just really inexpensive right now. 2.99 per share times 100. That equals out to 299 dollars before the bid/ask and commissions. Thats $299 to own a piece of a 740 million dollar cash flow. Yes i know this has the making of a penny stock scheme, however this company has been around since 1998 for atleast on this chart...
Arch coal is getting a little lift here today as it reports earnings . It could not be more timely as price nears an all time low. For supply and demand technicians, this will be one to watch.
Will ACI pivot here? The weekly chart and RSI history of this coal stock could be interesting at this juncture? Buy or pass here?
Weekly Chart. RSI gaining strength while not being overbought at 57. 20 + 50 weekly MA to cross.
Commodities have been breaking out all over the place this year, but coal has missed the party. every analyst has something to say about why and when coal will break out, and while I do agree for some extent, the truth is pretty clear, miners are severely undervalued even when taking into account low coal prices. Technicals: 1. We have a strong base where 10wma...
No long position yet, but coal is looking like it could be setting up for a move higher. Looking at charts of coal stocks over the past 5 years shows plenty of false breakouts and a reverse lower. The difference here is we've recently seen a good amount of false breakdowns and continued basing without moving substantially lower. This sort of action demonstrates...
stock has changed behavior and looks like it might want fill the gap at 6.9. break out above 4.7 area will confirm bullish thesis
Been there before but couldn't hold for long. Let's see this time round. Steel acting well as well.