Peabody Energy Corporation
Largo
Actualizado

BTU Momentum Setup for B/O

184
Positive sector sentiment & bullish options chain look juiced to $22 PT
Operación activa
BTU broke out of upper trendline but the b/o was rejected intraday. Closed the day back within the channel moving back up towards upper trendline.

Macro is driving the growth so watch for your confirmations and set stop losses to de-risk vs fundamentals/macros
Nota
Rejected at upper trendline for the 2nd time invalidating the trade but Trump pumped coal hard at Davos meeting so technicals don't really mean much right now.

Trimmed 19.50 calls 125% and holding 20 and 22 calls for Feb 25
Operación cerrada: objetivo alcanzado
Forgot to update, closed all contracts last friday.

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