Tweet . Coal has been a standout sector in my eyes due to the fact that it’s cleared all resistance and individual stocks within the sector are breaking out as well. What I’m seeing with many of the sectors that are performing well today are they are still below recent highs so their moves are […]

16
Jun
stored in: Technical Analysis and tagged:

Tweet Walter Industries has been one of those powerhouse stocks of the year that may be running out of steam. It’s either consolidating here at these levels or it’s churning and experiencing distribution behind the scenes.  Churning is what happens when a stock experiences high volume days after a run-up, and the stock doesn’t have much price movement […]