Mechel PAO (MTL)

[stocktrademan]

Earnings pushed back now. Was estimated to be March 31st, now this came out:

2016 Earnings
will announce (Unconfirmed) April 6, 2017

Any problems going on in light of all the negative Russian attack in media??

Hardly would believe that any of the political posturing and face saving combined with media noise would be things that deeply concern those who trade this chart.

It certainly wouldn't be on my bucket list to go see how the political science and journalist people opine today and compare it to how they felt last week to get a blessing to buy the stock or not. Not for any chart from any country here or there really. Perhaps I should go ask Borat as well.

But since I replied, figured to check out the chart and yes right now it is an excellent time to buy it. It might be a good christmas present later.

The chart is making a bull flag with strong moving average support and moving average golden cross patterns...the high volume is signaling the next move up is starting after low volume retracement...the bollinger bands are pinched and starting to release signaling a powerful move upwards is next...people are definitely accumulating this stock and earnings announcements don't show up on the overall weekly for this chart...if I can't point them out obviously on the chart then I don't worry about them...in this case they blend in so its not an issue to me...