You can buy BTU target 19.1 stop loss 12.42 money management your responsibility. I recommend entering a maximum of 10% of the portfolio. Good luck
congrats if you secured gains here today :) $BTU has been rejected plenty of times when it reached this trend line/RSI resistance, watching for another higher low before my next entry. paytience! 14-15 area is where i will consider getting back in. good luck!
BTU is about to hot bottom of the channel and go back up. With gas prices going up, this could be nice play for the fall/winter long position.
The stock needs cooling - rsi around 80, low volume, shorts are growing technically It looks like we will see -27% coming week NYSE:BTU
btu peabody ... is moving to 20 solely because of the wedge. after that ... who knows. but the $30 target is attainable now
BTU trying to trap longs with a very small trend channel breakout? I am calling a fake out breakout on this so I'll secure my gains! plus 7%+ on shares in a few days isn't bad anyways. looking for a entry at 13.8-14.5 again, with conservative stop loss at 13.3. price target 16-17 like last time. good luck as always :) like and follow for more <3
Thermal coal ticker. Coal isnt going anywhere for couple of years. 400%+ returns in a year. looking for the breakout and hope we will fly. if market isnt choppy like today LOL, nice support around $13 area
- Ascending Channel - Price is above the 200 EMA , 100 EMA , 50 EMA , 20 EMA and 10 EMA - MACD positive - ADX above 25
BTU has now burst above it's inverted H&S target (@ 9.80) and the uptrend is looking intact. Some retracement in the near term could happen, but should not breach (prior resistence-turned-) support zones @ 9.50 to 10.00. Looking at the next target of around 14.50-15.00, however expect some volatility during Earnings release in early August. Stop loss is now @...
Strong breakout with a very good momentum, next target at 9.50
See wedge ready for breakout to $10 and above...... BIG BUYING VOLUME seen recently in this name , just a matter of time
$BTU - Head and Shoulders. I normally don’t trade Elliot Waves much but always nice to employ the theory when possible to add confluence and direction. I see a wave 5 ending diagonal to left, followed by a simple ABC correction and ultimately the start of a new 5 wave cycle .. which is usually the sequence order. Correction waves can get complicated, theres a...
$BTU - Swing Watchlist 11% gains last Friday. Avg Vol 4.9M. Broke MPivot n 50% Fib. Harmonics line up perfectly with R1 Target. It’ll need to break 5.20 resistance and retest before I pull the trigger. Consensus strong buy, potential 80% reward. Thoughts always appreciated 🍻
BTU has bottomed and is moving up on a breakout of an inverted head and shoulders pattern with a successful retest. Short term (4 - 8 weeks) target is 9.80. While coal is the most hated commodity today from a political perspective, price action is bullish.
I’ve revisited my wave analysis. I just realized i’ve been calculating Wave 5 wrong all this time, by over extending it. The wave 5 extension rule doesn’t apply unless wave 3 is less than 1.618. This looks much better .. way more realistic ! Wave 4 n 5 targets are dependent on wave 3, all dependent on each other sequentially hence the wide box range you see. I...
$BTU broke out of its 15 months long inverse head and shoulder chart pattern, surging +60.75% over the past 6 trading session. $BTU is currently closed at $8.59, a 52 weeks high price. At the current juncture, $BTU is trading above its 200DMA for the first time in 30 months; a significant long term trend reversal behavioral price action, accompanied with...
Head and Shoulders . I normally don’t trade Elliot Waves much but always nice to employ the theory when possible to add confluence and direction. I believe we’re in Wave 3 right now.. its the most aggressive wave, the $$ maker with approx 200% gains from wave 2 correction so far. Im not an EW Jedi by any means but im quite sure I nailed this one, thoughts and...