Warrior Met Coal (HCC) shares of the small cap coal name are coiling in a bull flag inside of its value area and closed strong Thursday up 2% in a weak tape. HCC has a nice risk reward setup her at 66 with downside risk under 65 giving a tight stop zone while a break above 67.50 can likely push to the 70 level and then the prior highs being just under 72. The coal stocks have shown some strength this week so potential for the group to gain steam higher into June. HCC does not see a lot of options activity but still has the 450 January $80 calls in open interest from buyers on 4/30.