continuing on my theme of energy trades (see last few posts below), here’s an etf for those who prefer the diversity of trading etf’s vs. individual stocks. KOL is the coal sector etf and this 60 minute chart shows that it is breaking out of this downtrend channel with positive divergences in place. i might add additional targets as/if we approach that target zone but keep in mind that my preference is to book profits quickly and not carry too much overnight exposure right now.
