NAE Chart, page-554

Wow, two and a half years to form a cup, followed by a handle. That would be really cool, especially if it was followed by a breakout over 4 cents.

I'm still hoping for a parabola. It's a long shot, but you never know.

The price of coking coal has come down from it's unsustainable peak, but the news today was “The Australian benchmark metallurgical coal contract price is forecast to average $186 a tonne in 2017, a 63% increase from 2016”. We can still make a tidy profit at those levels.

Nothing wrong with being a green horn. We're all continually learning and trying to get a little better at this game. Good luck with your trading.