BTU Picking Up Some Energy
It's hard not to notice the large golden cross that has just occurred in peabody's chart which represents a reversal of a huge downtrend from before, the stock is now retesting the earnings gap with the 100 dma as support, the MACD looks to be curling up with the RSI rising, this is a strongly bullish chart and should have a chance to test the 20.5 level in the first quarter of next year
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.