Needs Needs something to stimulate it, page-20

Looks like the interest in the Coal ETF is continuing.

If KOL it continues up (breaking $19.50) and then breaks the next resistance at $20.50, IMO sentiment can be safely assumed to have changed for the better for Global Coal Equities.

As a first step, bettering the high achieved on the 30th July ($19.50, the red candle) will be a good first step.

IMO KOL's bounce back after the sell off on July 30th looks quite encouraging.

Daily Chart



Weekly Chart