or this may be a 2B double top extension. (see Bitcoin Nov-2021 2B top, or see Gold-ounce double top from Ukraine tensions in Spring 2022)
I think that the coal new paradigm pump is a sell the news event, energy supply tensions are easing and in the USA the domestic stress of a Rail Workers Union strike will be resolved within weeks.
Strong Supply flows will dampen the heightened speculation about Coal companies going up forever (with their notably favorable P/E and P/FCF rates)
"Years ago, I recognized my kinship with all living things, and I made up my mind that I was not one bit better than the meanest on earth... While there is a lower class, I am in it, while there is a criminal element, I am of it, and while there is a soul in prison, I am not free..."
I think that the coal new paradigm pump is a sell the news event, energy supply tensions are easing and in the USA the domestic stress of a Rail Workers Union strike will be resolved within weeks.
Strong Supply flows will dampen the heightened speculation about Coal companies going up forever (with their notably favorable P/E and P/FCF rates)
"Years ago, I recognized my kinship with all living things, and I made up my mind that I was not one bit better than the meanest on earth... While there is a lower class, I am in it, while there is a criminal element, I am of it, and while there is a soul in prison, I am not free..."
Comment:
top called almost precisely on this chart
