2waytrading
Long

Classic Diamond Top

NYSE:ALJ   ALON USA ENERGY INC
153 1 1
Now earning is over and company met expectation, and recent bullish EPS             from many analyst is getting attraction, and price seems to breakout upside next few weeks. Any pull back is an opportunity to add a few long positions with target price at 21 and above by January 2015. If you decide to take a long position make your stop loss at recent swing low at and around 14 area. This bullish pattern has also another bullish pattern within the chart symmetrical continuation bullish triangle which also has a measured target price at and around 21 area. If you need to get real time alerts try us www.2waytrading.com
michalf PRO
2 years ago
hi' what do you think about alj this dayes?
Reply
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