I am currently long Alon (ALJ) but I need to update the targets from this post: https://evancarthey.com/alon-alj-using-forex-trading-style-stocks/ because I now have my Think or Swim charts correctly setup (or at least they are getting very close).
Here are the updated entries:
- $7.85
- $6.00
- $3.08
The last entry would be around $1.50 but there isn’t a level since the next level would be a negative number so that’s where I would have my last entry which is just a guesstimate.
The new exit is now $11.80.
There ya have it, I’m currently long around $8.00 and I hope it goes down lower so I can add more to my position.
