Why $BTU pivoted language to growth(R3):
- coal plants retirements below - hence, their vision to utilize their 100+ yr old infrastructure(existing subs, transmission and land) to simply give the market want it wants. 1/5
Lets look at the language below in the Inflation Reduction Act "IRA" - $BTU simply saw this coming. They have everything "the market" wanted and will get paid handsomely for it. 2/5
Aug 9, 2022 • 6 tweets • 3 min read
Back to basics...
$BTU consolidation is ending, one way or another the medium term trend will now change.
Small gap but expect action here.
On watch..
Doesn't look like well get a last dump to shake out longs. Many times the math on the algo Ai will use those areas with a "torperdo math" module to increase volume/move price to breaking point. Didnt here. If this performs on Monday, this will be heading higher, and fast. $BTU