I entered 400 shares of PCX at an average price of $8.66. My stop is around $7.40 and my initial target is $10.50. This gives me a 2:1 reward to risk ratio.
As noted in the blog and report last night, the coal sector looks great and PCX shows strong accumulation and a bull flag setup.
Those looking to enter can do so at this level or better yet, on a slight dip.
Leave a Reply