dip entry time?RSI on btu is hitting its support/oversold zone this week! we should see a nice bounce to 14 in the near future if it bounces off this local support area.
goodluck! like and follow for more <3 thanks
BTU trade ideas
BTU: Oversold at Low End of Trend RangeTrend is intact measured by volatility and registering an extreme oversold condition at the edge of the trend. Heighted fear and uncertainty can result in some very handsome buying opportunities....
BTU might be rebounding very soonBTU might have found a strong support near 11.15, and generally in a pretty big demand zone.
We still need a lot of coal, as simple as that. This stock has wild swings so be cautious where you enter.
Peabody Arch that keeps on GivingThe arch has many touchpoints and i believe it will follow the arch on its way higher. We are heading into winter and the world needs coal.
PEABODY ENERGY FORECASTwe are seeing a pretty volatile correction-- however it is clear what the structure forming is, and that it is bullish to the upside
target is 21.8
#BTU BULLFLAG to EXIT BULLFLAG, gaclosed V SURE I CALLED 2/7 AGOBullflag to exit a bullflag....
gap closed Shut the dkn gate! BOOM.
Buy BTU 28/9/2021You can buy BTU target 19.1 stop loss 12.42
money management your responsibility.
I recommend entering a maximum of 10% of the portfolio.
Good luck
ready for a leg down now?congrats if you secured gains here today :) $BTU has been rejected plenty of times when it reached this trend line/RSI resistance, watching for another higher low before my next entry. paytience! 14-15 area is where i will consider getting back in. good luck!
BTU trade BTU is about to hot bottom of the channel and go back up. With gas prices going up, this could be nice play for the fall/winter long position.
BTU - the cooling time, up to 27% in coming daysThe stock needs cooling - rsi around 80, low volume, shorts are growing
technically It looks like we will see -27% coming week
NYSE:BTU
our favorite coal name ... poised for $20 btu peabody ... is moving to 20 solely because of the wedge. after that ... who knows. but the $30 target is attainable now
Textbook fake out breakoutBTU trying to trap longs with a very small trend channel breakout? I am calling a fake out breakout on this so I'll secure my gains! plus 7%+ on shares in a few days isn't bad anyways. looking for a entry at 13.8-14.5 again, with conservative stop loss at 13.3. price target 16-17 like last time. good luck as always :) like and follow for more <3
BTU BTU. Coal play. Thermal coal ticker. Coal isnt going anywhere for couple of years. 400%+ returns in a year. looking for the breakout and hope we will fly. if market isnt choppy like today LOL, nice support around $13 area
$BTU BULLISH- Ascending Channel
- Price is above the 200 EMA , 100 EMA , 50 EMA , 20 EMA and 10 EMA
- MACD positive
- ADX above 25
BTU - Expect Longer term upsideBTU has now burst above it's inverted H&S target (@ 9.80) and the uptrend is looking intact. Some retracement in the near term could happen, but should not breach (prior resistence-turned-) support zones @ 9.50 to 10.00.
Looking at the next target of around 14.50-15.00, however expect some volatility during Earnings release in early August.
Stop loss is now @ 9.40
Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you. Do give me a thumbs up if you agree. Feel free to let me know what you think! :)
$BTU target $10 minimum - @AOTtradesSee wedge ready for breakout to $10 and above...... BIG BUYING VOLUME seen recently in this name , just a matter of time
BTU$BTU - Head and Shoulders. I normally don’t trade Elliot Waves much but always nice to employ the theory when possible to add confluence and direction. I see a wave 5 ending diagonal to left, followed by a simple ABC correction and ultimately the start of a new 5 wave cycle .. which is usually the sequence order. Correction waves can get complicated, theres a variety of em. I believe we’re in Wave 3 right now.. its the most aggressive wave, the $$ maker. 40% gains since Monday !!!! Thats why its nice to know your wave cycles, you definitely want be in wave 3 ultimately. All impulse waves contain an ABC correction .. I believe well see wave 3 start of that correction @ 8.41 and continue on to final target 9.97 before breaking to 4 corrective wave.
Im not a EW guru by any means but im quite sure I nailed this one, thoughts and constructive criticism always appreciated. My EW math lines up with strong pivots to the left as you can see. Wave 3 is a 168.8 and Wave 61.8 which is usually the case more often than not.
Im not here telling you this is the exact play, its for education purposes .. always practice risk management. Let’s see what develops .. I’m curious as hell on this one !! ))
BTU $BTU - Swing Watchlist 11% gains last Friday. Avg Vol 4.9M. Broke MPivot n 50% Fib. Harmonics line up perfectly with R1 Target. It’ll need to break 5.20 resistance and retest before I pull the trigger. Consensus strong buy, potential 80% reward. Thoughts always appreciated 🍻
BTU to $9.80!BTU has bottomed and is moving up on a breakout of an inverted head and shoulders pattern with a successful retest. Short term (4 - 8 weeks) target is 9.80. While coal is the most hated commodity today from a political perspective, price action is bullish.
Head and Shoulders Target Hit - Wave Analysis Readjusted I’ve revisited my wave analysis. I just realized i’ve been calculating Wave 5 wrong all this time, by over extending it. The wave 5 extension rule doesn’t apply unless wave 3 is less than 1.618. This looks much better .. way more realistic !
Wave 4 n 5 targets are dependent on wave 3, all dependent on each other sequentially hence the wide box range you see.
I still believe we’re in wave 3 .. today we corrected to 50% Fib with Wave @ 1.75%. As you can see it duplicated the left side correction. This is what you call harmonics.
