A Breakout In Place After A 90% Decline In Arch Coal?
Chris Kimble | Apr 04, 2014 07:16AM ET
For a variety of reasons, this stock is down over 90%. It looks to have hit dual support, maybe creating higher lows and a breakout above its bullish falling wedge and 200MA seems to be at hand.
If Arch Coal Inc (NYSE:ACI) did nothing more than reach its 23% Fib retracement level, I suspect some nice pocket change would be created. Stay tuned with this one...
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