CNX, daily
Summary
CNX is one of the biggest coal miners out there (they are also involved in Nat' Gas).
From a technical perspective, this was the second daily close below the 200 day MA, and the sixth close below the 50 day MA. Certainly, this is a broken stock, that has struggled so far this year.
Indeed, the entire mining sector remains under severe pressure.
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If CNX fails to hold the mid 31s this Thur/Friday, there is open air down to the March low of $29.50. However, underlying MACD (blue bar histogram) cycle is very low, and we're more than overdue some degree of rally.
