Posted On: 03/16/2014 8:16:47 PM
Post# of 2559
APPY Daily Chart ~ Correcting from a Huge Gap Up
Our exits on Thursday was the right call. As almost always, when your stock gaps up, coupled with a huge move outside the upper bollie, peel a few if not all of your shares off with a swing trade. APPY gapped up from Wednesday's close of 2.71 to 3.30 with an intraday run to 3.88. Too much in too short of a timeframe. Now the correction and consolidation will occur. GLTA
Our exits on Thursday was the right call. As almost always, when your stock gaps up, coupled with a huge move outside the upper bollie, peel a few if not all of your shares off with a swing trade. APPY gapped up from Wednesday's close of 2.71 to 3.30 with an intraday run to 3.88. Too much in too short of a timeframe. Now the correction and consolidation will occur. GLTA
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