$SunCoke Energy (SXC.US)$ i was going to show this to the gr...
i was going to show this to the group, but thought to myself🤔 why take a picture and edit it to show the group, when you could try showing the chart with the chart feature 👏 found here
OK, let's try this
this is the quarterly chart (3 months). if I were to edit this, I would count it for you. but I don't know how to do that 😆 so let's look at the lines, the pale yellow dotted ones. Find the one we are butting up against now. Notice how it started at the beginning and has only been above that briefly. I think we are breaking that. Could we fail and drop back down? yes, but that would only be an opportunity to buy more. This wedge is breaking. I can wait.
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this is the monthly chart
the quarterly showed the big picture, now let's narrow in. Now we can see that price has been pestering that line for 8 months. It's tired of knocking. It wants to come in and set up home, you know, a nice spread, maybe invite its other coked out bros ⬇️
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Weekly chart
because, it looks like it wants to party 🥳
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and just for fun, the daily because you never know what's going to happen tomorrow
it wants to (in Sinbad voice, the comic not genie 😆) Paa-hart-AY
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and there's my post for fun 😁 hope you enjoy 😉
have i said I like coal and steel 😅 always have and always will.
Be Safe, Be Careful, Be Wise
and as always
Good Luck
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Ben 23 : what's the target price for SXC breakout?
iamiam OP Ben 23 : double. 20s
Ben 23 : wow. thanks for sharing. miss your analysis for NQ.
iamiam OP :
Starrystarry iamiam OP : Tp?
iamiam OP Starrystarry : my target price is very much higher, years from now.
cheerfulknight : Do you think crude oil will surge again? This should bode well for XLE right
iamiam OP cheerfulknight : I like the oil servicers (oih), and I dont like the commodity. I think oil still has a drop below 60. This will not affect servicers like it will suppliers and explorers.