Posted On: 01/04/2014 9:18:51 PM
Post# of 2559
APPY Daily Chart ~ New High After Clearing a Previous High
Thursday saw APPY finally break that 2.20 previous high of late Sept. Friday saw and attempt at breaking yet another previous top but the sock failed and pulled back to close slightly down. I'm still holding from the 1.70s entries of our current swing trade as are a few friends of mine. The question that we'll see answered shortly, is does APPY take another week or two to break higher while consolidating as the last 1.5 weeks, or does it break to another new high. The MACDs still have plenty of room to move. The 2.20 level should now become a support line as the 2.02/2.03 did previously. I'm keeping a tight mental stop. GLTA
Thursday saw APPY finally break that 2.20 previous high of late Sept. Friday saw and attempt at breaking yet another previous top but the sock failed and pulled back to close slightly down. I'm still holding from the 1.70s entries of our current swing trade as are a few friends of mine. The question that we'll see answered shortly, is does APPY take another week or two to break higher while consolidating as the last 1.5 weeks, or does it break to another new high. The MACDs still have plenty of room to move. The 2.20 level should now become a support line as the 2.02/2.03 did previously. I'm keeping a tight mental stop. GLTA
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