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Strategies & Market Trends : Strictly ..... Bottom Fishing
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To: CusterInvestor who wrote (468)4/3/2009 4:34:23 PM
From: chowder  Read Replies (1) of 489
 
I like the way the ATPG chart has formed. You have quite a few days of above average volume which usually indicates accumulation and on the down days, there is very little selling at this point.

This is the type of set up where you want to use a trailing stop if you are showing a profit.

It looks like it wants to go higher, but we'll see. It's best to manage risk and the trailing stop is one way to do that.
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