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Alpha Natural Resources Under Pressure



January 14, 2011 – Comments (0)

Almost every commodity related stock has been under pressure today. The declines in many of the leading commodity stocks come as the Asian countries continue to fight high inflation with rate increases. Alpha Natural Resources Inc.(NYSE:ANR) is one particular stock that is declining today by $3.88 to $60.25 a share. The stock should have some short term intra-day support around the $60.00 level and much more around the $57.80 area should it decline further.

Nicholas Santiago

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