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Is coal setting up for a pullback?
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ticker lesson
Breakdown
0:00Pacific Coal· ticker
Pacific Coal — 3.6% up, bear flag
- Bear flag forming
- Demand destruction or recession sell-off
- Looks like bear flag
- 2250 line support
0:01Atlantic Thermal· ticker
Atlantic Thermal — 2% up, bear pennant
- Bear pennant or bear flag
- Same pattern as Pacific Coal
0:02MetCoal· ticker
MetCoal — down 2.1%
- Stair-stepping down
0:03coal ETF· ticker
coal ETF — 1.5% up, 2250 support
- 2250 line support
- Limit order on coal ETF
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