Crude has been holding HTF AOI's and continues to push. SXC Itself has likewise been holding and continuing to push off HTF AOI's. Nice ignition volume on friday of last week. Looking for a sweep into a Weekly+Daily Level. Ill be watching at the first demand for an entry, Ideally I would like to see it sweep 9.87 before taking my entry but with that igniting...
Following any large drop in the overall market is a great time to consider entering. Technically speaking chart is approaching a good level I would expect for a wave 4 and gives a relatively good risk reward ratio. I would personally buy an option expiring early to mid summer but buying shared would be the safer choice. Make sure to manage your risk and watch the...
*SXC Made a New 52 Week High *High Volume Breakout *More than double of average 50 Day Volume *Price above 200 DMA
SXC should be closer to $18. Regardless, we are still in the early part of the steel cycle and there is a lot of room to run, even if the economy peaks in 23 or 24.
MACD is crossing and yesterday's candle broke through the descending trend line. Also the price broke through the .38 fibonacci level yesterday. Short term target $7.95
SunCoke Energy is engaged in the production of coke through heating metallurgical coal in a refractory oven. It operates through the following segments: Domestic Coke, Brazil Coke, and Logistics. The Domestic Coke segment consists of Jewell facility located in Vansant, Virginia; Indiana Harbor facility located in East Chicago, Indiana; Haverhill facility located...
Look at this pattern here, will keep an I on it and see if it pulls down for a nice entry around 5.60
I eat coal for breakfast. Regardless two important lines flipped the diagonal downtrend and the horizontal resistance.
I like SXC here as a long idea. It is trading above all the supporting average and just broke above the 200sma.
SunCoke Energy, Inc. is engaged in the production of coke through heating metallurgical coal in a refractory oven. It operates through the following segments: Domestic Coke, Brazil Coke and Logistics. The Domestic Coke segment consists of Jewell, Indiana Harbor, Haverhill, Granite City and Middletown cokemaking and heat recovery operations located in Vansant,...
• SXC • Why enter? Closing on 5ema. Found support on the 20ema. • Entry: 6.11 • Stop loss: 5.99 (-1.9%) • Profit target 1: 7.20 (17.8%)
I would be a buyer in this area as history as shown you get rewarded. Use a tight stop to protect yourself in case the channel finally breaks down.
second red day... good short oportunity