I think it's make or break for TRQ

now 14%

LOL

Thanks Matt!

Yes, big triangle...There's lots of force building up within that triangle!  :) 

If POT falls below its support line and we do get the H&S.....

so maybe that's why they want to buy back their shares.  (at a cheaper price)

----------------------

July 24 (Reuters) - Potash Corporation of Saskatchewan Inc said on Wednesday that it would buy back up to $2 billion of its outstanding common shares, deploying its growing free cash flow as it winds down a 10-year mine expansion program.

The company said it would repurchase five percent of its stock over a one-year period. The announcement comes about four months after Potash said it would hike its dividend by 25 percent.

The Saskatoon, Saskatchewan-based company, which has the largest capacity in the world to produce the crop nutrient potash, expects to wrap up a 10-year, $8-billion expansion of its Canadian potash mines in the next year.

Fertilizer rivals Mosaic Co and Agrium Inc are also returning more cash to shareholders. Mosaic said in May that it planned to use surplus cash to buy back shares, while Agrium intends to buy back up to five percent of its stock.

Potash shares closed at $37.94 in New York and at C$39.17 in Toronto on Wednesday.

Yes you're right Falcon.

Coal companies have been beaten up badly.  WLT was a $140 stock in mid 2011.

I am seeing a double bottom on the Monthly chart.

On Weekly chart: IF it can Close and STAY above 8 EMA ($13.51), we can see $15 and then potentially $18-20 range.

I'm looking for a swing trade with this one, if it can beat $13.50.

Many shorts will be squeezed

I might be wrong in these figures... any comments or advice is appreciated by all.

Thanks Steve & Matt for all your efforts and help. 

I think it has the potential to go much higher.

Float is  55.61M and Short % of float as of June 28th was  38.80% or  24.16M 

Thanks Steve!  

Float is  55.61M and Short % of float as of June 28th was  38.80% or  24.16M 

you're welcome Steve! seems that it wants to breakout

Walter Energy  WLT  seems to be making a bull flag on the daily chart

Volume is good