Yes, I am biased. But it is tough to completely ignore a sector that appears to be bottoming on signs of improvement while other traders, analysts, and investment pros begin to put the group on their radars. This is from the stockcharts.com
September 07, 2012 at 12:20 PM | written by Arthur Hill
The coal group has been one of the worse performers this
year, but coal stocks moved sharply higher the last two days. Arch Coal
(ACI) is showing some signs of life with a falling wedge breakout on
three days of good volume. The July-August highs mark the next
resistance zone in the 7.75 area.
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