SOURCE: Wall Street Active

February 25, 2013 09:54 ET

Pre-Market Update on ACI, CNX and BTU

Note to Editors: The Following Is an Investment Opinion Being Issued by the WSA Financial Ltd.

LONDON--(Marketwire - Feb 25, 2013) - On Friday, some strong Eurozone economic data boosted investors' confidence. The Dow Jones finished the day 0.86% higher at 14,000.57, the S&P 500 finished the day 0.88% higher at 1,515.60, and the NASDAQ finished 0.97% higher at 3,161.82. At the close, our research team took notice of Arch Coal Inc. (NYSE: ACI), CONSOL Energy Inc. (NYSE: CNX) and Peabody Energy Corp. (NYSE: BTU). Wall Street Active research team has completed free research on ACI, CNX and BTU, we invite you to sign up now at

Arch Coal's shares fell sharply on Friday even as the broad market rallied. The stock closed 1.07% lower at $5.53 on volume of 6.15 million. The stock fell more than 7% for the week, indicating a bearish market sentiment. The bearish sentiment is confirmed by the stock's MACD chart. The stock's MACD is trading below the signal line and the zero-line. Arch Coal Inc. shares also trading well below their 50-day and 200-day moving averages. Year-to-date, the stock has fallen more than 24%. Sign up today and get useful insight about ACI for free at

Shares of CONSOL Energy ended marginally lower in Friday's trading session. The stock closed 0.46% lower at $32.51 on volume of 2.53 million. The company's shares also fell sharply last week, ending 4.61% lower. Year-to-date, the stock is still up more than 1.2%. The stock has been facing resistance at around $34.50. Recent volume activity and the MACD chart suggest that market sentiment is bearish on the stock. CONSOL Energy's shares have support at around $32. Free report on CNX can be accessed by registering at

Shares of Peabody Energy also fell sharply last week. The stock posted a loss of more than 7% for the week. On Friday, it closed 1.82% lower at $22.68 on volume of 6.37 million. Year-to-date, Peabody Energy's shares have fallen nearly 15% even as the broad market has risen sharply. The stock recently fell below $24 support level, which is a strong bearish signal. The bearish trend is further confirmed by the MACD chart. The stock's MACD has recently moved below the signal line. Shares currently have support at around $22. Register with and download the research on BTU for free at

Disclaimer: WSA Financial is not a registered investment advisor, and nothing in this release is intended as a solicitation to buy or sell any security. Our pro-traders only aim is to educate investors based on their experience, and to share their knowhow.

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