Posted On: 01/11/2014 7:40:22 PM
Post# of 2561
AA Weekly Chart ~ Worth A Look
As always, it's important to look at other timeframes, not just the daily chart. Here's the big picture again (link back) to see the trouble the stock is having at the MA200 on the Weekly. The stock is still in an overall uptrend, but after the latest earnings report, it might be a couple of months until things settle. Should the daily consolidate from overbought conditions, I'll be entering AA once again for another swing. GLTA
As always, it's important to look at other timeframes, not just the daily chart. Here's the big picture again (link back) to see the trouble the stock is having at the MA200 on the Weekly. The stock is still in an overall uptrend, but after the latest earnings report, it might be a couple of months until things settle. Should the daily consolidate from overbought conditions, I'll be entering AA once again for another swing. GLTA
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