Conforming Andrews pitch fork is good for seeing a path.. seeing ahead of time which path is the key to success ... this APF dates back a few years.. we will see ...
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...