Arch Coal showing some signs of life

Arch Coal (ACI) has been trading in a range between around $3.70 and $4.80 for many months and it is breaking out of it. if it is able to hold above $5, then we could easily see a move to $6 specially since it demonstrated relative strength to the overall market last week. Keeping an eye on it.

About Stock Trade Journal

The information in this blog is not investment advice. Please consult a financial advisor before investing. I have been trading stock since the 1990's and survived the .com crash. I am developing software applications to help me trade better and now I am making them available to help other traders. This blog is also a way to share my experiences and observations in the market.
This entry was posted in Risk Management, Trade Analysis, Trade Entries, Trade Planning, What to Write in a Journal. Bookmark the permalink.

Leave a Reply

Your email address will not be published.