Mechel PAO (MTL)

[I-Man]

Back in Nov when MTL made 52wk high, I expected some pullback and basing off recent support then- That happened yesterday and 10.00 I see as next level to close above. But it will continue upward especially with trump's Administration supporting natural resources, industry, etc ; not like what happened with Liberal Progressives in control 8 years+ trying to alter the true world and the USA...

Remember, MTL went thru massive reorganization last few years. Much of it because Obama demonized anything coal, oil, etc and MTL was involved in some merger biz around 2008 with a US based coal mining corp too they had to close up then... If and when that reopens and with everything else going on, this stock will go far higher than its 50.00 PPS just a few years ago IMO...

Quite possibly, we could see "Real Investing" occur again where you can invest hard earned funds into solid corps like this and watch as time does its magic- NOT this dammn daytrading mentality created the last 10 years making securities act like commodities...