I’ve been obsessing over this Coal chart for the last few months watching this healthy consolidation take shape. I first pointed out this development in March, and although we were up a few percentage points since then, it wasn’t really until last week that we finally got going. The bigger the base, the stronger the breakout tends to… Continue Reading

This is a stock that definitely used to get a lot of hype but lately the noise surrounding it has quieted down. We like that. After a 30% rally from last month’s lows, prices are now approaching that key $40 level that had previously served as support twice last November and again in April. On… Continue Reading