by Chris Kimble | Mar 3, 2011 | Kimble Charting
CLICK ON CHART TO ENLARGE Game Plan…Be an owner of ACI due to the upside breakout of the flag/pennant pattern, with a stop on a break of lower support. Risking around 3-4% here.
by Chris Kimble | Nov 11, 2010 | Kimble Charting
Suggested to pick up Arch Coal (see post here) due to a breakout of resistance, see chart below. ACI is reflecting quality “relative strength” today, despite the stock market being down. Good price action! CLICK ON CHART TO ENLARGE Game...
by Chris Kimble | Nov 9, 2010 | Kimble Charting
Reason to smile at hand in the coal industry??? Base Metals ETF (DBB) and Arch Coal (ACI) have been held back by resistance for most of this past year. After multiple attempts, both are pushing above key resistance in the chart below. CLICK ON CHART TO...
by Chris Kimble | Nov 8, 2010 | Kimble Charting
CLICK ON CHART TO ENLARGE It has taken a year for ACI to finally break line (1) at (2). Be a buyer of ACI with a stop at line (1). DBA has picked up about 10% since it broke resistance line (1) in the chart below. Another reason why we want to buy breakouts with...