Posted On: 01/19/2014 10:29:05 AM
Post# of 2559
APPY Daily Chart ~ Another New High
Most everyone I know in APPY is still holding their entry position of the 1.70/1.80 of December. As one can see, the stock is riding a rising support line (which I failed to draw in) while breaking through numerous horizontal resistance points. You can't see where the upper two lines came from, so I'll post a longer term chart next. The stock is approaching overbought levels so I'll be keeping a close eye on things now. GLTA
Most everyone I know in APPY is still holding their entry position of the 1.70/1.80 of December. As one can see, the stock is riding a rising support line (which I failed to draw in) while breaking through numerous horizontal resistance points. You can't see where the upper two lines came from, so I'll post a longer term chart next. The stock is approaching overbought levels so I'll be keeping a close eye on things now. GLTA
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