coal is up 23% this month
exactly right observation, the futures are up every day and on the way to beat the $400 record soon...
but one can't resist market sentiment and starts selling in panic
its oversold in short term now, RSI below 30%, this is breaking point, it will not stay here for long.. last time we were there (briefly) in the mid March, just before it continued upward movement.. MACD is also way below the balance, same thing, should not be long...
in the long term there has been extended interest to this stock over a few weeks by now but we are back to normal at the moment (below 70% for RSI), back to the more steady growth i think, as it was in the second half of last year.
My strategy is keep holding and doing nothing by at least the end of this year where i expect even fatter divvy, this stock is the best investment at the moment imo..
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coal is up 23% this monthexactly right observation, the futures...
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