NEW BULLISH Plays

Alpha Natural Resources - ANR - close: 10.15 change: +0.55

Stop Loss: 9.39
Target(s): 12.50
Current Gain/Loss: unopened

Entry on January xx at $ xx.xx
Listed on January 03, 2012
Time Frame: 6 to 8 weeks
Average Daily Volume = 16.2 million
New Positions: Yes, see below

Company Description

Why We Like It:
We have had our eye on ANR as a bullish candidate for a while. The last couple of years have been horrible for ANR's stock price. Yet shares have been building a bottom for the last six months. Now ANR is starting to rebound. The stock is trying to get past significant resistance at the $10.00 level.

Today's high was $10.29. I am suggesting a trigger to open bullish positions at $10.35. If triggered our target is $12.50. More aggressive traders could aim higher.

Trigger @ 10.35

Suggested Position: buy ANR stock @ (trigger)

- (or for more adventurous traders, try this option) -

buy the Mar $12 call (ANR1316c12) current ask $0.49

Annotated chart:

Weekly chart: