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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (1198)9/2/2009 8:23:53 PM
From: Jibacoa   of 1404
 
APT had some profit taking today, but is still on the near term UT that started in Apr from the $1 level.

It made another all time H yesterday and today's volume was less than half yesterday's <g>

bigcharts.marketwatch.com

Yesterday it announced that it will be tripling the average output of N-95 respirator masks that it has been producing since May, which will help accommodate its current backlog and increase availability for the upcoming flu season.

The stock looks overbought, but with 4Qs of better revenues and now also much better earnings in the first 2Qs, I will continue to hold (with a trailing stop loss) since in the pending two Qs the earnings weren't good in spite of better revenues, and there is good possibility that they will show a good comparison this Yr.<g>

bigcharts.marketwatch.com

Bernard
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