Arch Coal Inc. ACI

Looking to re-short ACI on a break of 6.30. Target of 5.75.  Also bearish on the S&P 500 as the 1400 support area turns resistance. 

ACI Arch Coal Inc. Short

Almost went long ACI before the election but didn't want to risk it, good thing. False breakout above 8.50. Went short after Obama win, and gap down.  In at 7.61 short.  More pain to come, targets 6.25, 5.75, and 5.25.  Expecting oversold bounce here in the future, presenting another short potential.  Recent channel break.