chart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the red ma can_be 🐂, & under will be bearish Short to midterm . ~~N0 arrows. ~~ N0T trading Advise either +dyor pls.
Decision to Buy. Entry Price: $22.10 Stop Loss: $19.29 Target Price: $23.93
Peabody Energy Corporation ( NYSE:BTU ) Sector: Energy Minerals (Coal) Market Capitalization: $2.923B Current Price: $21.88 Breakout price: $22.70 Buy Zone (Top/Bottom Range): $21.10-$19.40 Price Target: $26.60-$27.00 Estimated Duration to Target: 60-66d Contract of Interest: $BTU 7/15/22 25c Trade price as of publish date: $3.60/contract
BTU is making a bullish flag on the daily. Target: 32 if there's a break out without a fake out. Stop loss: 19
It will be mid 30s by year end and then break previous highs by 2023. By 2024, I'm calling for pushing the $100 mark. Dividends should be given sometime next year. Kick his ass, seabass!
chart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the ma line can_be 🐂, & under will be bearish Short to midterm . ~~N0 arrows. ~~ N0T trading Advise either +dyor
BTU has been ripping and will be looking to take gains again at these levels. Great trade !
BTU nice run here although recent offering news caused a quick sell off that was bought right up . Technically was just a retrace to the 20MA and bounce, forming a cup and handle like pattern $19.8 zone has been heavy resistance if you're not already in this trade, watch for a short opportunity (rejection) or long (breakout) at this pivot point. Own tennis...
Huge buildup of demand in energy sector has created opportunities in coal. BTU crossed 200dma in weekly chart and look to sustain up movement.
chart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the red fibo Level can_be 🐂, & under will be bearish Short to midterm . ~~N0 arrows. ~~ N0T trading Advise either +dyor
btu has officially hit every single price target mentioned in my last analysis! I paper handed my shares but congrats to the diamond hands. now at local chart/rsi resistance and Im expecting a pullback to 13.53-14 area if we reject here. like and follow for more! 💘
BTU Peabody Energy Corp weekly nice bullish set up : -Bull Flag -Cupping base -MACD cross confluence -RSI curl -9/21EMA cross With good ER numbers this looks primed to rocket. Conversely, given the overall market a miss could send this back down to $8 zone. However Coal and Energy market showing some resilience amongst a lot of red. I'm long APR $12 calls
weekly chart of stock "btu".............................................
btu recently did a double bottom bounce off support, RSI also sitting right above oversold zone! if it holds above these support zones lets look for a rally to 13.53-15.49-16.84, if it breaks below 9.89 look for a test of 8.58 support. like and follow for more! 💘
chart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the red fibo Level can_be 🐂, & under will be bearish Short to midterm . ~~N0 arrows. ~~ N0T trading Advise either +dyor
I would rack up some April $14 calls on BTU. With the temperatures dropping there could be an increase in power consumption. BTU has established a great level of support and seems to be headed for a breakout to $18 . Strong enough idea for me to take that gamble on.
The arc is your friend. Follow it to the end is what I say. Hey Ho, Hey Ho
Tensions with Russia, pressure on Gas-Price – Coal short term alternative NOT a long swing – Energy prices will drop in the following months Started a strong reversal, can continue with enough Volume Multi-Revenue-Stream company – not only a miner