Short PCX @ 8.69 after noticing the stock dip below the support level of $8.98. Short term target price of $8.22 but I hope it can break through the 100 & 50 DMA especially with the negative sentiment now building around coal & China. If those technical levels break, $6.50 is my next price target.
Showing posts with label PCX. Show all posts
Showing posts with label PCX. Show all posts
Short Patriot Coal (PCX) @ 8.69
Short PCX @ 8.69 after noticing the stock dip below the support level of $8.98. Short term target price of $8.22 but I hope it can break through the 100 & 50 DMA especially with the negative sentiment now building around coal & China. If those technical levels break, $6.50 is my next price target.