nothin to see here folks ... move on., page-3

Sorry Maganut, head and shoulders with broken neckline. Target is $3.30. Part of the energy complex, oil stocks have been forecasting the fall in oil prices, and I suspect the view is now taken that oil prices might fall off a cliff leading to no further increases in other energy prices in the renegotiations 12 months out. Its probably a completely bollocks scenario, but that's where the CEY and other coal charts are headed. CEY has a fair bit of velocity to it, so its possible that it will exceed the target on the downside.