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Arch Coal Inc. Message Board

  • Run_by_HR Run_by_HR Jun 20, 2012 4:42 PM Flag

    3 Up Days in a Row -> Signal?

    According to my calculations, before today, the three trading days prior were "up" days with a combined $0.71 increase equating to a 12.37% gain over the closing price of $5.74 on the 14th.

    6/19/2012 0.26u
    6/18/2012 0.18u
    6/15/2012 0.27u

    We have had only two times, this year, with three or more consecutive days of gains, the last being from Feb 1 - Feb 6 (4 days) representing a 8.9% increase and Dec 30 - Jan 6 (5 days) also representing an 8.9% increase.

    <someone check me on this>

    Few and far between. Strength in the 50% increased delta this time? Can the three day up repeat again soon?

    Run

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