Watch Arch Coal (ACI) has been in a series of recent downtrends, the most recent being one from 15 dollars down to 5 bucks and change. This downtrend channel was broken to the upside today. This looks to be a tradable breakout, but keep in mind the price malaise over the past year and a half (from $35 to $5), so set stops and right-size positions.
Arch Coal (ACI) annotated stock chart with technical analysis overlay as of June 28, 2012. Â Price support and resistance levels with trend lines and channels. Â Coal Sector. Arch Coal stock ticker is ACI.
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