HCC trade ideas
HCC putting in a Pivot MoveHCC seems to be ready to move out of the base with today's pivot.
It's resting midrange in the buy zone.
Initial stop is around 36 for position sizing purposes.
channel for informative and educational purpose onlychannel for informative and educational purpose only
Warrior Met Coal Heading Up After EarningsAnother coal company heading up post earnings. Bit of upside to previous highs if its momentum continues.
Could be worth more research.
$HCC holding upHCC doing really well today in case of a market that is looking weak. Worth adding to your watchlist for now.
$HCC First PB to Its 10 Week MA$HCC in #Coal putting in a mini coil as it has its first test of the 10 week MA since its base breakout.
Give us something to anchor risk around (vs buying a failing knife).
Focus next week.
HCC (coal stocks) For the UpsideOk, so in meditation I last week (the 22nd, actually) I was definitely given that "coal stocks" are a buy. I made a list and HCC was where the pendulum swung to along with BHP (it looks horrible tho fyi).
I don't think you get a low in BHP until October.
There's another stock ARCH that's heavily heavily shorted as I understand it. It's been doing really well.
So I like that they're in the energy sector and I feel like have been under the radar as they've been in a great uptrend this year, but I seldom hear anyone talk about them.
HCC breaks S/RWho They Are
Warrior Met Coal, Inc. produces and sells coal for the steel industry. It also sells the byproduct of natural gas from coal production. Though its mines and headquarters are located in the US, its main buyers are in Europe, SA, and Asia.
Are They Making Money
Most exporters were walloped during 2020, though HCC managed to keep their EBITDA(Adj) and cash flow from operations positive.
Technical
The 21EMA recently crossed the 63EMA, followed shortly after by the 63EMA crossing the 252EMA. The 63EMA cross of the 252EMA came after the price broke a previous S/R zone. A slight increase in volume accompanied the break though I would have liked to have seen the volume break the 21MA. ADX has also been showing a strong uptrend though it has yet to go above 20. RSI is holding close to overbought though not entering the 70+ territory.
HDD shortyBig pictrue of fundamental analysis and technical analysis. it seem like all stock is flying up again, and that it is no limit to reach the sky
Write sometning about your psyhology thinking before trade? I am trying to recover and love the maket again in deed I am a little scare
Describe the trade. What you see? there will bi pull down in the next two week if the price will go in ths manneas as it goes the last half a year
Write why you want to enter the trade in this point? support level, volume down, sma is similar to previous cycle
HCC suggest to go up by two channelsBig pictrue of fundamental analysis and technical analysis. stocks in general age in a way up spyder, 2000 and diamond is on a way up also, interesting thing is that russel 3000 is up but 2000 is resting and fleting
Write sometning about your psyhology thinking before trade? I am blocked with new ideas
Describe the trade. What you see? there is a channel down, but we are approaching the lowest points in history, fundamental analysis does not seems to be very bad. Price could rest a littel on the support level and than bounce up to the support level, which is expected to be at 21.50 at that time. Time of declining ema20 is same as previous cycle. Volume is funcioning similar as with previous two cycles
Write why you want to enter the trade in this point? support level, volume down, sma is similar to previous cycle
Could have some zip to this Keeping an eye on this one textbook swing trap which popped on a 10% short float. End of day volume came in to flushing out the shorts
Can clearly see the changes from sellers taking control to buyers trying to take back the stock only for sellers to take control again now that momentum has ended and buyers are back. To some this will simply look like a correctional wave abc.
$HCC SwingPicked up $HCC Mar 16 35 calls today at 0.4. This name has been one I've played call options on before and made me an easy 200-300% ROI. It's a small cap so lower volume, but moves well.
$HCC - possible rebound and further grown on Elliott PlottingI'm just learning Elliott Wave Principals so I'm not 100% sure the forward-plotting is accurate, especially on time-frame.
