ARCH ready to ramp. Met coal for domesic steel. Above 200 day ma

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Arch Resources, Inc. (NYSE:ARCH)

NYSE:ARCH Arch Resources, Inc.

$ARCH looks ready to ramp higher soon. $ARCH has been channeling higher above the 200 day ma for the past few weeks. Previous resistance is now support. $ARCH produces the metallurgic coal for domestic steel production. Buying stock right here and now.