Strictly Buy and Sell Set Ups Message Board

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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: profile_14 who wrote (1621)	1/5/2005 6:55:31 PM
From: chowder	Read Replies (1) of 13449

Profile, APA formed a spinning top Doji on above average volume. This would indicate some buying is now offsetting the selling that is still showing up. If the price can gap up at the open, this would be very bullish for APA. If the price can take out today's high of the day, that would be bullish too. Today's pattern formed at the November low's price support level. This is a spot where one could reasonably expect a bounce. The risks are minimized at this juncture because support is so close to the current price. If we see new lows tomorrow, the pattern breaks down. stockcharts.com[h,a]daclyiay[d20041005,20050105][pb50!b20!f][vc60][iut!Lah10,30,5!Lc20]&pref=G dabum

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