Coal, along with many materials names, are catching a bid this morning.
If Walter Energy, seen on the second daily chart below, can make another run at this morning’s highs then the likes of ACI ANR CNX are long ideas in the space.
Also note that AKS continues to be one of the better steels in the complex, breaking a high bull consolidation to the upside this morning as shorts are on the run.
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Chess, you may be entertained by this, but more likely appalled. On 6/17, you posted the Solar Accumulation screen. I boogied over to the PPT on my break via Android, and plugged in the Shippers instead of Solar. Looked at the charts on my phone & enjoyed the look of NAT. I just don’t do the paper trade thing, so I purchased a very meager amount of July 9’s. They were looking too plump to not harvest this morning, so I closed. I just wanted to tip the hat your direction for the inspiration. I’ll be looking to try this one again…
Too kind, Unc. The credit goes to you and your fine pipe.