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SJ's Stock Market Blog

CNX break out - coal action

Posted May 4th, 2009 at 11:29 AM by StockJock-e (SJ's Stock Market Blog)

Tags cnx, gas, oil

Ive been waiting for the break out of the long consolidation pattern in CNX, a coal and gas play. News from China today has set commodities flying, CNX got lit up... mmm... pretty chart:

Watch for resistance as the 200dma and $40.

StockJock-e

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