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In it to Win it

Could a large seller have triggered the move in this relatively small, thinly traded fund?

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ticker lesson

Breakdown

0:00Pacific thermal coal· ticker

Pacific thermal coal — down 8.9% week, retrace

  • Pacific thermal coal down 8.9% week
  • Decent retrace on thermal coal
  • Lots of selling
  • Knee-jerk reaction after election
  • Gapped down around election
1:43thermal coal· ticker

Thermal coal — down 2.3% week, bull pennant

  • Thermal coal down 2.3% week
  • Bull pennant pattern
  • Bias is up
  • Double bottom forming
  • Bearish price action
1:44Cole ETF· ticker

Cole ETF — down 48M AUM, illiquid fund

  • Cole ETF down as expected
  • Low volume 99k shares
  • 48M AUM fund
  • 20 coal companies in ETF
  • Family office clearing books
1:45lesson

Trading strategy — limit orders for illiquid assets

  • Limit orders set beforehand
  • Buy from sellers in illiquid assets
  • Take advantage of price drops

Informational only — this is In it to Win it’s content, decoded by Plutus. Not Paid Daily’s advice or a recommendation. The outline, timestamps, and claims are extracted from what the creator said; verify before acting.