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 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...
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,...
