Posted On: 02/09/2014 3:08:50 PM
Post# of 2561
APPY Daily Chart ~ A Similar Sell Signal a Few Weeks Back
APPY offered a few of us some very nice profits from the 1.70s to the 2.80s. Again, link back for previous thoughts regarding trading outside the upper bollie and breaking a rising support line. One never knows if a stock will fall hard, consolidate sideways or reverse immediately. In any case, erring on the side of taking profits is always a good thing. Not much to add here with APPY as the chart shows the exit points, and the FullSto and MACDs aren't anywhere set yet. There is another rising support line near 2.20 to keep an eye on. As always, any unforeseen material news would reverse the slide. GTLA
APPY offered a few of us some very nice profits from the 1.70s to the 2.80s. Again, link back for previous thoughts regarding trading outside the upper bollie and breaking a rising support line. One never knows if a stock will fall hard, consolidate sideways or reverse immediately. In any case, erring on the side of taking profits is always a good thing. Not much to add here with APPY as the chart shows the exit points, and the FullSto and MACDs aren't anywhere set yet. There is another rising support line near 2.20 to keep an eye on. As always, any unforeseen material news would reverse the slide. GTLA
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