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09/28/2022 Live Update

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JFR
Posts: 10177
Joined: Sun Dec 02, 2012 7:24 pm

Re: 09/28/2022 Live Update

Post by JFR »

ARLP. Energy. Coal. Headquarters in Tulsa, Oklahoma.

I posted this one on here earlier this year. Its' making a move up today. P/E 10.22. Fundamentals and financials are steady.

I am not holding at this time. But if it makes a move like it did in July and August, I will make a play on it.

Not recommending. Just sharing information.

Have a good afternoon, Everyone. Godspeed, Florida.
Alliance Resource Partners, L.P., a diversified natural resource company, produces and markets coal primarily to utilities and industrial users in the United States. The company operates through four segments: Illinois Basin Coal Operations, Appalachia Coal Operations, Oil & Gas Royalties, and Coal Royalties. It produces a range of thermal and metallurgical coal with sulfur and heat contents. The company operates seven underground mining complexes in Illinois, Indiana, Kentucky, Maryland, Pennsylvania, and West Virginia. In addition, it leases land and operates a coal loading terminal on the Ohio River at Mt. Vernon, Indiana; and buys and resells coal, as well as owns mineral and royalty interests in approximately 1.5 million gross acres of oil and gas producing regions primarily in the Permian, Anadarko, and Williston Basins. Further, the company offers various mining technology products and services, including data network, communication and tracking systems, mining proximity detection systems, industrial collision avoidance systems, and data and analytics software. As of December 31, 2021, it had approximately 547.1 million tons of proven and probable coal mineral reserves, as well as 1.17 billion tons of measured, indicated, and inferred coal mineral resources in Illinois, Indiana, Kentucky, Maryland, Pennsylvania, and West Virginia. The company was founded in 1971 and is headquartered in Tulsa, Oklahoma. -- Yahoo Finance
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Charts posted are not recommendations. They are just a sharing of information.
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Cobra
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Re: 09/28/2022 Live Update

Post by Cobra »

Strong breakout so forget about 3 push up pattern then.
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BullBear52x
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Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/28/2022 Live Update

Post by BullBear52x »

Only price pays! today is good lesson to all day traders, only price pays. HH and HL and buy dip coupon is working like a charm. Price action nothing else.
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BullBear52x
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Re: 09/28/2022 Live Update

Post by BullBear52x »

Other data that concerned me on this run up as I have mentioned all day is $CPC >1. this is somewhat bothersome. no bottom in my view until I can see it trades back under 1.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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BullBear52x
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Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/28/2022 Live Update

Post by BullBear52x »

Chart for the road: Up coming resistance zone, Bulls are not out of the woods until this first gap were to taken out successfully. I will be missing in action tomorrow, see you Friday. Peace!
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Cobra
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Re: 09/28/2022 Live Update

Post by Cobra »


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Cobra
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Re: 09/28/2022 Live Update

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Cobra
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Re: 09/28/2022 Live Update

Post by Cobra »

Well, guess that's it for today. Here's what Thursday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449387

Thank you guys, I'll see you in another thread soon.

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