DALLAS, Texas - TwinTrader.com announces the publication of Breakout for ACI; highlighting public companies on the move and what’s behind the surge.
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“Arch Coal Inc. engages in the production and sale of steam and metallurgical coal from surface and underground mines to power plants, steel mills, and industrial facilities in the United States. At December 31, 2007, the company operated 18 active mines; and owned or controlled approximately 2.9 billion tons of proven and probable recoverable reserves…
“Analyst John Howell of SmartMoney recommended ACI on Yahoo’s heavily trafficked financial video section. Howell expects earnings growth rates to double each of the next two years, and believes the company’s P/E of 24 is justified…
“RSI stands at a neutral 46.82, indicating the breakout above the $65 may still have legs. A strong underlying trend, as evidenced by an RSI remaining above 30 since February, appears to be established...”
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