ARCH trade ideas
Many Signals of Uptrend(i) There is a cup and handle formation.
(ii) Price bounced from a key support level with multiple bottoms (125 price region).
(iii) On 1 September 2023, price gapped up.
(iv) Squeeze Momentum indictor on daily chart has turned dark red from red, showing decreasing bearish momentum. On weekly chart, it has just turned green, showing increasing bullish momentum.
(v) RSI formed a double bottom in the region around 50. RSI has gone above signal line.
(vi) Price above 20/50/100/200 EMAs.
In addition to the technical indicators, fundamentals of ARCH are strong: ROIC 64%, net income 36% and increasing revenue.
$ARCH, solid fundamentalsArch Resources, Inc. produces and sells metallurgical products. As of December 31, 2022, the company operated seven active mines
High shareholder yield
Significant return over the last week
Cash flows can sufficiently cover interest payments
Prominent player in the Oil, Gas & Consumable Fuels industry
Citi analyst raised the price target on Arch Coal to $200.00 (from $140.00) while maintaining a Buy rating.
The Link Between Price and and Relative Strength in $ARCHI annotated the chart for Arch Resources ($ARCH) and identified several key phases on the chart that indicate important levels. One interesting aspect of the chart that I learned from this analysis is the similarity between the uptrend in the price of the stock and the change in its relative strength. These trends could potentially be useful in informing my analysis of the stock and making investment decisions.
#TraderLion2023ChartChallenge
ARCH buying the dip?This seems like a really good opportunity to buy the dip for ARCH :) The overall mineral industry is really strong and holding up really well. We are also seeing support from the 65 DEMA along with overside according to linear regression. Good luck and stay safe!
$ARCH Could be Catching Fire Tomorrow$ARCH this monster #coal stock could be ready to get some fire under it tomorrow.
Looks ready to rumble.
Arch Resources losing popularity. ARCH
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
ARCH up 100%+ (option price) before May 20thHeavily shorted and increasing short float.
Lower market cap for an optionable asset.
Before May 20th, we could see an increase of at least 100% (ATM option price) as some shorts cover.
Using options so time is the only SL.
22/3/2022 NYSE (ARCH)Buy (Entry Price) above the black line and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price.
Entry Price: $150.80
Target Price: $155.12
Stop Loss: $143.60
End of the ARCH The asset has now arrived at the end of a bullish cycle. The weakness in price is visible below our bearish bat pattern. this is a worthy setup to the following targets.
Stocks To Watch This WeekMany names are holding up well in this market. Get a pen and paper because I go quickly and make the trade your own.. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 34 total stocks on this list Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
US Stock In Play: $ARCH$ARCH broken out of DTL and hovering above AVWAP.
what is interesting with this name is how it is holding its support range and the relative strength it has reflected during the mid month correction
ARCH up 30% before Nov 19th 2021ARCH could see a quick rise to around $80 before Aug 20th.
Heavily shorted and on the rise.
ARCH - Higher Risk play (8/16/2021)Stock has been in a range with a contraction in volume. Has held the 23EMA well on last retest. Waiting for this stock to break the $68.38 area to move to 52WK high. Has broken a RSI since run up that started in Jul-21. Had a inside day on Friday on very low volume.
Would like to get involved with this name around the $66-$65 area with stops near the $61.50 which is a little high risk. Could also set stops in the $63.50 area but could easily get chopped out in this name.
Stocks To WatchThe Market's longer term uptrend still intact. Big earnings this week. Be careful. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 33 total stocks on this list and 2 short squeeze candidates. Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
$ARCH Building Up SteamArch Resources is in the unloved, and underinvested, thermal and metallurgical coal business. A decade of underinvestment means reduced competition. Reopening means increased demand for electricity. Infrastructure investments mean increased demand for steel. ARCH is breaking out of a 6-month triangle, with plenty of room to the upside. PT of $82, SL of $51.
Energy - ARCHModel has given entry signals for Arch Resources:
- Arch Resources, previously known as Arch Coal, is an American coal mining and processing company. The company mines, processes, and markets bituminous and sub-bituminous coal with low sulfur content in the United States. Arch Resources is the second-largest supplier of coal in the United States, behind Peabody Energy.
- We expect a boom in the energy and industrials sectors, due to an increase in global industrial output to meet initiatives.
- We are very excited about opportunities in the energy and commodities sectors, as we believe a macro turn is approaching in the nearest future.
- Technically appears to be rising to the top of its channel, after testing channel support with a spring.
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
ARCH bullish set up both short- and longer-termAfter 62% Fib-retracement and break of short-term downtrend, expect at least a test of the long-term downtrend since May 2019 at 55ish. That's the short term.
Longer-term, I would expect to see 55 to be taken out, opening the way to the highs (and, if you really want to offer a stretched view, potential towards the 160 (!) level) above 100.
Yeah, right, we do not want to see the uptrend in the RSI to be taken out - that would be my stop level.
Stocks To Watch This WeekThe Bull Market is strong, this week I expect the market to by choppy. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 34 total stocks on this list. I add an additional 2 stocks that are on my potential short squeeze watch list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
Ichimoku entry ARCHMissed the trigger from 2 sessions ago but it triggered again and we're in this time. Looking for at least about 3% profit following our rules: When price hits target (1st #) then enter trailing stop (2nd #) with a stoploss at (3rd #)
