Zacks' Voice of the People highlights opportunities with Peabody Energy, Alpha Natural Resources, Arch Coal and James River Coal - Press Releases

Zacks Investment Research
Posted: May 01, 2012 8:30 AM
Zacks' Voice of the People highlights opportunities with Peabody Energy, Alpha Natural Resources, Arch Coal and James River Coal - Press Releases

For Immediate Release

Chicago, IL – 05/01/2012 – Zacks highlights commentary from People and Picks Trader inthemoneystocks.

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BTU Heats Up

Everyone knows that the coal sector has been extremely weak as of late. There is one leading coal stock that is catching a bid higher today and it is Peabody Energy Corp ( BTU). Today, BTU stock is trading higher by $1.01 to $31.21 a share.

The stock will have intra-day resistance around the $31.60 area. The daily chart could have some more upside in the near term, however, the stock remains well below the important 200 day moving average which puts the stock in a weak technical position.

Some other leading coal stocks that are trading higher today include Alpha Natural Resources, Inc. ( ANR), Arch Coal Inc ( ACI) and James River Coal Company ( JRCC). Please note that the entire coal sector still remains weak on the daily charts.

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Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

Contact: Brent Billock
People & Picks Manager
Phone: 312-265-9307

ARCH COAL INC (ACI): Free Stock Analysis Report
ALPHA NATRL RES (ANR): Free Stock Analysis Report
PEABODY ENERGY (BTU): Free Stock Analysis Report
JAMES RIVER CL (JRCC): Free Stock Analysis Report
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