SEABRIDGE GOLD INC (SA-Amex): Technical Viewpoint: From a low of $19.36 on Oct 28, 2009 prices rallied, reaching a high of $29.00 on Dec 2, 2009. A decline saw prices pull back, reaching a low of $22.05 on Dec 18, 2009. Another rally saw prices penetrate resistance, closing 1/22/10 at $29.43. Technicals: MACD Index (MACD): A Buy Alert! was given on Jan 6, 2010 when the solid line crossed the dotted line to the upside. Support: Remains at $25.05. Resistance: Is at $29.71. Point & Figure: Reversed to the upside on Dec 24, 2009. A P&F upside reversal takes place at $27.50. Summary: Technical indicators have turned bullish. BUY! SEABRIDGE GOLD INC (SA-Amex) @ $29.63 Stop: Use a protective stop of $27.63. SEABRIDGE GOLD INC is currently trading @ $29.43 plus $2.52 on Jan 23, 2010. Price Objective: $39.50. Risk/Reward: $2.00 VS. $9.87. Today's Risk Reward Ratio: 5:1