Coal Message Board - Msg: 34550846

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Gold/Mining/Energy : Coal

COAL 22.61

+1.3%

4:00 PM EST

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To: Selectric II who wrote (1739)	1/26/2024 10:00:08 PM
From: Rarebird	of 2027

It will be more than a little dip. The advances/declines in the stock have taken the form of a leading diagonal.. It can fall quite a bit. Look at the other advances/declines on the chart. They are quite impulsive. I'm not saying the coming decline is a given, but it is likely. It is all a question of probabilities and it does not look good. A miss on EPS and revenue on Monday and the stock can easily fall 10% and trigger a major decline. I had a target of $24 for ARLP. Investing/trading is a matter of risk/reward and I don't like the odds here. As I said previously, if am wrong, I'll be happy with my 16% profits over a few months. I own over 50 stocks and it is a cold hearted business. I don't get overly attached to any stock. All I care about is the profit/loss. For your sake, I hope I am wrong.

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