Is COAL warming up?

Bullish One White Soldier is seen today on COAL’s chart after it touched the 38.2% Fibonacci Retracement level. If price will continue to move up ang break the 1.51 barrier then a greater chance for COAL to test again the 1.73. The threat from Kijun Sen line is still there but this week this line will bend upward which will erase the bearish threat. Current support is at 1.37

Caveat!

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felix

A computer engineer by profession and loves to develop online systems/websites. A self-taught stock trader who loves to share his knowledge and enjoys learning, expanding knowledge and staying well-informed. Most often he uses candlesticks, Fibonacci Retracement levels, Ichimoku system on his technical analysis but loves to hear some rumors as well.

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