Stanmore v Coronado, page-24

Mr Cricket, trader extraordinaire, thanks for your post and as always, worthwhile comments.

As I discussed with you my friend, CRN's fall was needing some structural support, and why some days ago I advised that the EMA 200 on the WEEKLY chart was that support (1.55). As you know I re entered CRN at 1.55 on that basis.

While @borano on 24/3 was calling 1.40's, this was ignoring the TA.

CRN actually has a very clear run back up unless, as you have stated, it tries to buy a BHP asset.

Coking coal price is stable, as you have advised me in my making a decision to re enter.

The 200 ma, currently at 1.85, will be a resistance mark, and you can see that the 1.85 level actually provided resistance in Aug and Sep't.

Once cleared it's clear steaming to gap fill at 2.05.

All the best mate, and for your continued incredible trading!