daytrading oct 16 morning, page-71

  1. nihilism
    11,400 Posts.
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    16/10/12
    11:55
    Post #: 10864778
    petwan,

    watch out on COK, if .18 cannot break then a double head is formed and could fall back to .12 support...

    Coal price is still weak and their FOB costs are almost matching the current spot PCI price (although they may get a premium for the Ultra-Low Vol's PCI they produce, not sure) so just something to watch for both fundamentally and technically..

    if it breaks that .18 it could be in for a run, given the latest reserve update.
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