ROYAL GOLD (RGLD-Nasdaq): Technical Viewpoint: From a low of $32.10 on Oct 6, 2008 prices rallied, reaching a high of $40.94 on Nov 10, 2008. A decline saw prices pull back, reaching a low of $22.75 on Oct 24, 2008. Another rally saw prices penetrate resistance, closing 11/21/08 at $34.73. Technicals: MACD Index (MACD): A Buy Alert! was given on Nov 9, 2008 when the solid line crossed the dotted line to the upside. Support: Remains at $29.50. Resistance: Is at $37.59. Point & Figure: Reversed to the upside on Nov 1, 2008. A P&F upside reversal takes place at $31.00. Summary: Technical indicators have turned bullish. BUY! Royal Gold (RGLD-Nasdaq) @ $35.13 Stop: Use a protective stop of $23.13. Royal Gold is currently trading @ $34.73 plus $5.06 on Nov 21, 2008. Price Objective: $44.50. Risk/Reward: $2.00 VS. $9.37. Today's Risk Reward Ratio: 5:1