Arch Coal Update
July 26, 2010  Analysis from Chris Kimble 

Last week's technical analysis quiz from Chris Kimble featured Arch Coal. Chris included a trade strategy in the solution. Here's an update.

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Chris comments: I suggested purchasing Arch Coal last week. ACI is up around 10% in 4 business days.

Enter a stop 3% below current prices so that if the stock heads south quickly, you can lock in some pocket change, around a 7% gain.


For feedback or more information, email Chris at KimbleChartingSolutions@gmail.com.