CEY 0.00% $6.16 centennial coal company limited

Blaize, maybe coal is not as "sexy" as other commodities like IO...

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  1. 8,420 Posts.
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    Blaize, maybe coal is not as "sexy" as other commodities like IO atm. I spend a fair bit of time on my favourite IO forums FMG & MGX, and there is constant discussion.

    However I do like CEY as a company - they look very solid to me - yet I check it out here and there's only infrequent posts, but I'm interested in what's going on with this company because its not high volumes but a farily regular pattern with its SP so good scope for trading. I see it bouncing around in a channel mostly between support of around 2.40 and resistance at around 2.80, which is a pretty good range to operate in.

    I bought back in yesterday at 2.60 having sold on the previous gain at 2.75, and expecting it to climb back up to the 2.80 level while the current rally lasts.

    Cheers.
 
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