It seems like the coal market is starting to pick up. The averages are crossing and the long term down trend is bottoming out. It has a wedge forming short term for a turn in trend. The next week is going to be critical, if it can stay above 8.00 then this stocks seems it has changed its trend from short to long. I'm all in on this stock but keeping a very close...
This could just go neutral for a week or two then jump again. But i think its going to re-trace itself about half way. I normally dont look at the big charts like 1w but this stock is one you would want to go long on, at-least for now. May short it will tight stops and then go long if i can get in at a good price.
I've been long on this company since the first gambling news came out. I have a feeling this company is on the turn around. There are a lot of people who want this company to fail but i see it making gains for at-least a few months. Curious to see where it will stop after passing 3.75.
