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Monthly Archives: October 2013
Citygroup’s chart shows great potential
Citigroup has been stuck in a trading range since April this year. It encountered resistance around $50 back in August 2008, April 2010 and January 2011. What is interesting on the chart this time is that the 200 DMA has … Continue reading
BTU Pebody Energy Showing Signs of Life Again
After a huge drop that lasted over two years, Pebody Energy (BTU) is beginning to show signs the sell off may be over. However, it reached a price range where it had been stuck before for months ($18.55 – $19.45) … Continue reading
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United States Steel Consolidating
US Steel has been showing momentum for the past month or so. I see in the charts that it has the potential to keep moving higher, perhaps all the way to $40 if it is able to clear some resistance … Continue reading
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