Huge buildup of demand in energy sector has created opportunities in coal. BTU crossed 200dma in weekly chart and look to sustain up movement.
EARNINGS TOMORROW (2/24) - BMO Stock is in a healthy bull after breaking out of a 3-month base. Coiling nicely, showing tremendous relative strength. Trying to catch a price expansion through key level. Earnings are tremendous and accelerating in 6 consecutive quarters, on a YoY and QoQ basis.
CONSOL Energy Inc. ( NYSE:CEIX ) Sector: Energy Minerals (Coal) Market Capitalization: 1.004B Current Price: $29.13 Breakout price: $29.50 Buy Zone (Top/Bottom Range): $26.95-$24.05 Price Target: $32.50-$32.80 (1st), $36.20-$37.40 (2nd) Estimated Duration to Target: 22-25d (1st), 41-46d (2nd) Contract of Interest: $CEIX 3/18/22 25c, $CEIX 6/17/22 30c Trade...
BTU Peabody Energy Corp weekly nice bullish set up : -Bull Flag -Cupping base -MACD cross confluence -RSI curl -9/21EMA cross With good ER numbers this looks primed to rocket. Conversely, given the overall market a miss could send this back down to $8 zone. However Coal and Energy market showing some resilience amongst a lot of red. I'm long APR $12 calls
Coal India Channel Pattern. Expected to move up considering the volume and interest Disc: Not a trading or buy recommendation. Only for Learning
I bring this chart up all the time to show the potential for a very impulsive catch-up to the price of copper with this stock. Looks like a probable double. That's a spring-loaded, dividend-paying, 21-billion market cap (CAD)
COAL COALINDIA weekly analysis - Coal India sl - 136
S32 commodities Alumina Aluminium Bauxite Metallurgical Coal Lead Nickel Manganese Silver Zinc
Consol Energy, which I wrote about in the beginning of October, has not only risen above its all-time high at $28.27, as I was expecting, but also gained even more than 30% jumping to $36.23. Shares of the coal producer were rising within the upward channel rooted on April 30 and the upper margin crossing $29.40. A breakthrough of the price above the upper margin...
Trend is intact measured by volatility and registering an extreme oversold condition at the edge of the trend. Heighted fear and uncertainty can result in some very handsome buying opportunities....
Here's a potential path ahead for the VIX indicator in the shape of the handle on a cup which began being built back in early May 21' (as shown in the graph below. $SPX overbought with a strong negative RSI divergence. My intial target is the 24 - 26.5 range, but if it were to break out I might reassess.
Aussie dollar completed 5 waves clearly and now we are looking to see a pullback on this pair however the pullback is corrective. i am looking to long the pair again when revisiting previous wave 4 that means near 0.7330. the Aussie is outperforming all the other currencies and that is because of the rise in Coal prices bcz of inflation and Australia is on of the...
As shown, looks like it has some catching up to do.
Coal India Ltd. Not a lot to say, but for those who are stuck at top.. don't loose hope.. Time is coming. Wether it will start a new and and its first Bullish structure or just a corrective one, that time will tell. However one thing is for sure. It will reverse and rebound for sure.
Today stock has given breakout in C&H pattern with good volume confirmation. Stock has finally surpassed 161 hurdle and able to close above it with 162.65 price. One can go long with SL of 143 and target of 190. Apart from this Coal india's result is on Monday and hope that result will be on favourable side. If any one want to go with more security than one...
Model has given entry signals for Arch Resources: - Arch Resources, previously known as Arch Coal, is an American coal mining and processing company. The company mines, processes, and markets bituminous and sub-bituminous coal with low sulfur content in the United States. Arch Resources is the second-largest supplier of coal in the United States, behind Peabody...
The coal has a high chance to make all time high this time. My forecast it can reach US$ 131 or around it. But it will take months from now to make it happen. My focus now is for the next weeks till June 2021, coal apparently will go higher. Though, market will undergo a slight correction but not deep. The target for this upward coming is around 108.45. The...