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cdickersonjr
Dec 11, 2022 12:55 AM

ARLP Long  Long

Alliance Resource Partners, L.P.NASDAQ

Description

Coal stock in a strong uptrend with consolidation on lower volume

Entry on ARLP at 21.31 1/4 size, look to scale in to 100 shares if price moves lower, will cut below 200 Day Moving Average, I'm using a 2x ATR on the daily which is around a 1.76 stop loss. 1st PT is 25.40 (Daily Pivot) then measure moved.
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