Posted On: 03/02/2014 12:24:55 PM
Post# of 2561
ACHN Daily Chart ~ Trending Once Again
Link back to Feb 9 for my last comments on ACHN. The stock did put in that base at its support line of 2.98 and rallied to a high of 3.87 afterwards. Those that sold banked a very nice 30% profit in just over one week. The stock is now trending in the higher of two channels which have contained the stock from the 2.90s to 4.36. ACHN has been a great one to swing trade if one stays patient while waiting for the entries and exits to come to you. GLTA
Link back to Feb 9 for my last comments on ACHN. The stock did put in that base at its support line of 2.98 and rallied to a high of 3.87 afterwards. Those that sold banked a very nice 30% profit in just over one week. The stock is now trending in the higher of two channels which have contained the stock from the 2.90s to 4.36. ACHN has been a great one to swing trade if one stays patient while waiting for the entries and exits to come to you. GLTA
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