Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Bottom fishers in the beaten down coal sector might be interested to know the carts of several...

  • Friday, October 5, 2012, 1:24 PM ET
    Bottom fishers in the beaten down coal sector might be interested to know the carts of several of the names are forming a very bullish inverse head and shoulder pattern, according to UpsideTrader. At this point, WLT, ANR, ACI, and BTU all seem to be finishing out the formation, so a bit more time is necessary to validate the move.
Track new comments on this story

This news story has 4 comments:

  •  
    A good bet on coal would be rail companies.
    5 Oct 2012, 01:32 PM Reply Like
  •  
    Ditto that.
    5 Oct 2012, 01:33 PM Reply Like
  •  
    I'm playing with put sales on BTU.

    Either I buy it on the cheap or I'll make a few bucks following it up for a while.
    5 Oct 2012, 01:37 PM Reply Like
  •  
    i like the trade on anr going into earnings
    9 Oct 2012, 12:55 PM Reply Like
LATEST|
TODAY SO FAR|
YESTERDAY
Other date
DJIA (DIA) S&P 500 (SPY)
Latest Energy & Materials Articles
More Latest Articles »