BTU King Coal bullish setup with ER this week
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
-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