CEIX came up on one of my scans again. MarketSmith says earnings expected to be up +698% in 2022 and another 155% in 2023. Coal is king!, for now. See daily and monthly charts. Note recent GLB.
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Blog post; GMI flashes Green; Day 4 of $QQQ short term up-trend; Weekly chart shows likely support and resistance for QQQ
The place where QQQ has found support is at its trend channel line (red line). If this rally fails that is the likely next support which coincidentally is near where the last GLB in 2020 occurred. On the other hand, the place where this rally may stall out is at its 30 week moving average (red line curving down). We will just have to wait to see the outcome and be very nimble. I am slowly buying TQQQ to ride this short term up-trend. If it stalls I will exit immediately. QQQ is still in a stage 4 down-trend.
Blog post: GMI=4 could turn Green Thursday; Only 45 new US lows; Day 3 of $QQQ short term up-trend; $LNTH looking strong, see charts
LNTH hits ATH Wednesday. This weekly chart also shows a green bar signal and RS is at a 50 week high. MarketSmith says It has RS and Comp = 99 with expected earnings in 2022= +524%. Great technicals and fundamentals! Earnings expected next week, however.
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