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Saturday, October 2, 2010

KOL Chart is heating up.

(Click to enlarge)


The coal ETF, KOL, has been on quite the tear lately.  Its recent bullish ADX signal suggests this current uptrend is the real deal.  Look for a break of the yellow trend line (currently ~39$) for confirmation.


For some other options through which to capitalize on coal, see Joseph Levy's recent article on Seeking Alpha, As Coal Heats Up, 3 Companies With Persuasive Coal Stories.

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