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Peabody Energy: Breakout boosts BTU
Posted on June 25, 2008
Coal miner Peabody Energy Corp. (http://www.thestockadvisors.com/quote.htm?sym=btu) (NYSE: BTU (http://www.thestockadvisors.com/quote.htm?sym=btu)) looks hot, says Leo Fasciocco (http://www.thestockadvisors.com/ccount/click.php?id=2140), who focuses on stocks that have broken out from technical basing patterns.In his The Ticker Tape Digest (http://www.thestockadvisors.com/ccount/click.php?id=2140) he explains, The stock rose above its break points of $81.20, hitting a new high. He adds, With net set to surge 70% this year, our upside target is $105. The company has mining operations in A...
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