Here’s another coal stock setting up for a possible primary trend reversal. Rhino Resource Partners (RNO) was passed along from Dax at TheStockFox.com. RNO will trigger a long entry on a break (and preferably a close) above this multi-year downtrend line. With a current dividend yield of 13.90% and about a 26% gain potential if the final target (T3) is hit, RNO will also be added to the Growth & Income Trade Ideas category (which is a sub-category of the Long-Term Trade Ideas). Stops TBD upon entry. 3-year static daily chart shown or click here to view the live chart.
