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Is thermal coal forming a cup and handle pattern?
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ticker lesson
Breakdown
0:00Pacific Thermal Coal· ticker
Pacific Thermal Coal — down 3.1% weekly
- Down 3.1% weekly
- Atlantic Thermal down 1.4% weekly
- Uptrend general
- Cup and handle forming
1:41Atlantic Thermal· ticker
Atlantic Thermal — down 1.4% weekly
- Down 1.4% weekly
- Cup and handle forming
- Handle not below 50%
- Correction too much
1:42Met Coal· ticker
Met Coal — up 2.6% weekly
- Up 2.6% weekly
- No man's land
- No opinion next week
1:43Coal ETF· ticker
Coal ETF — down 7.4% weekly
- Down 7.4% weekly
- Triple top formed
- Ripped lower
- Buy level at 24.50
1:44Coal ETF· ticker
Coal ETF — potential buy at 24.50
- Buy level at 24.50
- 50 cents lower than today
- Likely to move down next week
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