FriscoTrades

BTU own tennis balls not eggs

Long
NYSE:BTU   Peabody Energy Corporation
BTU nice run here although recent offering news caused a quick sell off that was bought right up .

Technically was just a retrace to the 20MA and bounce, forming a cup and handle like pattern

$19.8 zone has been heavy resistance if you're not already in this trade, watch for a short opportunity (rejection) or long (breakout) at this pivot point.

Own tennis balls not eggs - I'm long APR $19 calls and shares

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