ACI Gains 9%

07/28/2008 12:00 am EST


Thomas Aspray

, Professional Trader & Analyst

The coal stocks, like ACI, have corrected sharply from the June highs. ACI was strong Friday, gaining 9%, after testing the 200 day MA and it's uptrend. There is first strong resistance in the $65-68 area, with key support now in the $50-51 area.
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