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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Magnatizer who wrote (7113)3/21/1998 11:39:00 PM
From: Chris  Read Replies (1) of 42787
 
Subject: APCO Automobile Protection Company

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To: David J (1655 )
From: Chris Saturday, Mar 21 1998 11:37PM EST
Reply # of 1719

continue to hold apco.

sell trigger line will be the 9 day ema. for monday, it will be at 11.06

if you look at APCO chart, it HAS not violated the 9 day ema for the last 45+ trading days.

weekly chart says APCO can move higher. STRONG buy that is STRENGTHING. i wouldn't be surprised to see 15-18 as tgt price.. (not immediate tgt price, but as a weekly chart momentum long-term rally)... 15-18 is NOT out of the question..

paitence is key.. do not take profits too soon.. cut losses is a most, but let profits ride.
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