Coal Sector Overview & Trade Setups

I'm noticing quite a few bullish trade setups developing in the left-for-dead coal stocks. This video covers the charts of some of my favorites, along with general entry levels (buy triggers) and price targets. As discussed in the video, many of these coal stock are just coming off very strong runs, most into key resistance levels & as such, there is still some work to be done in order to firm up the bullish case for these stocks. While the coal stocks are extremely volatile, aggressive trades, the trade setups highlighted in this video offer very attractive R/R profiles. Note: The [...]

2017-03-08T21:20:02+00:00 Feb 3, 2016 11:42am|Categories: Gold & Commodities|Tags: , , , , , , , , , , |Comments Off on Coal Sector Overview & Trade Setups

Long Trades Update & Market Commentary

The following Long Trade ideas have exceeded their suggested stop criteria & will be moved to the Completed Trades category: ASPS: Exceeded the suggested stop below 31.05 on Aug 7th. CNX: Exceeded any reasonable stop (none suggested). USO/DWTI: Exceeded the suggested stop below 14.70 (USO) on Aug 6th. The only trades remaining in the Active Long Trades category at this time are AMD and SLW. This unusually low quantity of Active Trade ideas is a reflection of the choppy & sloppy price action as the broad market continues to grind aimlessly in the difficult to trade range that has essentially left [...]

2017-03-08T21:20:20+00:00 Aug 14, 2015 11:17am|Categories: Completed Trades - Long, Equity Market Analysis|Tags: , , , |Comments Off on Long Trades Update & Market Commentary

CNX Long Entry & Setup

CNX will be added as an Active Long Trade here (for aggressive traders) with an alternative entry for more conventional traders on a break above this descending price channel. On this daily time frame, CNX has at least two potentially bullish developments that have led to trend reversals/rallies in the past: Oversold reading on the RSI (in place) & bullish MACD crossovers (pending). I just came across this setup, have personally taken a starter position, and will follow up with both suggested price targets and stop parameters soon. However, I wanted to get the trade idea posted asap CNX daily [...]

2017-03-08T21:20:24+00:00 Jul 15, 2015 1:51pm|Categories: Completed Trades - Long|Tags: |Comments Off on CNX Long Entry & Setup