Jeff Kilburg

Jeff Kilburg's photo: #KillirGuestPost by @Wesley_Harr talking #Coal #WLT ~~~~~ Coal company Walter Energy (WLT) is beginning to look attractive today as it is breaking above previous resistance. I am roughly looking for two consecutive closes above $65.00 to confirm the stocks breakout to the upside. So far today looks like it could materialize into the first of those closes. If so follow through tomorrow will be critical..... if we get that follow through look for upside to the $69.50 area where resistance from a multi month down trend line exists. WLT reports earnings today after the close which I will be watching closely for stocks reaction. -Wesley Harr

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April 17, 2012#KillirGuestPost by @Wesley_Harr talking #Coal #WLT ~~~~~ Coal company Walter Energy (WLT) is beginning to look attractive today as it is breaking above previous resistance. I am roughly looking for two consecutive closes above $65.00 to confirm the stocks breakout to the upside. So far today looks like it could materialize into the first of those closes. If so follow through tomorrow will be critical..... if we get that follow through look for upside to the $69.50 area where resistance from a multi month down trend line exists. WLT reports earnings today after the close which I will be watching closely for stocks reaction.

-Wesley Harr

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