or this may be a 2B double top extension. (see Bitcoin Nov-2021 2B top, or see Gold-ounce double top from Ukraine tensions in Spring 2022)
I think that the coal new paradigm pump is a sell the news event, energy supply tensions are easing and in the USA the domestic stress of a Rail Workers Union strike will be resolved within weeks.
Strong Supply flows will dampen the heightened speculation about Coal companies going up forever (with their notably favorable P/E and P/FCF rates)
"Years ago, I recognized my kinship with all living things, and I made up my mind that I was not one bit better than the meanest on earth... While there is a lower class, I am in it, while there is a criminal element, I am of it, and while there is a soul in prison, I am not free..."
I think that the coal new paradigm pump is a sell the news event, energy supply tensions are easing and in the USA the domestic stress of a Rail Workers Union strike will be resolved within weeks.
Strong Supply flows will dampen the heightened speculation about Coal companies going up forever (with their notably favorable P/E and P/FCF rates)
"Years ago, I recognized my kinship with all living things, and I made up my mind that I was not one bit better than the meanest on earth... While there is a lower class, I am in it, while there is a criminal element, I am of it, and while there is a soul in prison, I am not free..."
Note
top called almost precisely on this chart
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.