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PEABODY ENERGY
(BTU-NYSE):
Technical Viewpoint: From a low
of $5.37 on May 26, 2021 prices
rallied, reaching a
high of $9.76
on Jun 14, 2021. A
decline saw prices pull back, reaching a
low of
$6.78 on Jun 28, 2021.
Another rally saw prices penetrate
resistance, closing 7/10/21
at $11.-1. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jul 7, 2021 when the solid line crossed the dotted line to the upside.
Support: Remains at $8.82. Resistance: Is at $16.50.
Point & Figure: Reversed to the upside on Jul 2, 2021. A P&F upside
reversal takes place at $9.50. Summary: Technical indicators have turned bullish. BUY! Peabody Energy
(BTU-NYSE) @ $11.25 Stop: Use a protective stop of $9.88.
Peabody Energy is currently trading @ $11.-1 plus $1.15 on Jul 9, 2021. Price Objective:
$17.75. Risk/Reward: $1.38 VS. $6.50. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$17.75
Risk/Reward:
$1.38 VS. $6.50
Risk/Reward Ratio:
5:1
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