ARLP Should I Buy

Buy now for a long-term, income-focused position. ARLP is trading near first support (~24.40) with mildly bullish technicals, very bullish options positioning (low put/call), and a fresh $0.60/unit cash distribution announcement that supports the income thesis. The main near-term overhang is elevated insider selling and an upcoming earnings event (Feb 2), but for an impatient long-term beginner investor, the current level is a reasonable entry rather than waiting for a “perfect” dip.

Price/levels: Pre-market ~24.43, sitting right on S1 (24.396) and below the pivot (25.076). That setup typically favors a defined-risk entry near support with upside room back toward the pivot and R1 (25.756). Momentum: MACD histogram is positive (0.119) but contracting, implying bullish momentum is slowing rather than reversing. RSI: RSI(6) ~61 is neutral-to-slightly-bullish (not overbought), consistent with a steady/constructive trend. Moving averages: Converging MAs suggests consolidation; a break back above the pivot (25.076) would improve trend confidence. Pattern odds: Similar-pattern stats imply a modest positive drift (about +1.7% over the next week, +2.45% over the next month), which aligns with a “buy near support” approach. Intellectia Proprietary Trading Signals - [AI Stock Picker](module://ai_stock_pick): No signal on given stock today. - [SwingMax](module://swingmax): No signal on given stock today.