$BTU on Edge of Bullish Channel
Coal stocks have been getting hammered in last few months after the blow-off top in price last year however there's been a recent uptick in response to the Indonesia coal export ban.
BTU is sitting on the edge of the bullish channel with 20 and 50 day EMA converging, will it maintain the bullish channel or will it puke and fall over?!
Only time will tell.
BTU is sitting on the edge of the bullish channel with 20 and 50 day EMA converging, will it maintain the bullish channel or will it puke and fall over?!
Only time will tell.
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