APCO Automobile Protection Company Message Board

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Non-Tech : APCO Automobile Protection Company

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To: Neal Glunn who wrote (2056)	4/30/1998 12:01:00 AM
From: Robert Bushmiaer	Read Replies (1) of 3351

Neal APCO looks fine both from an FA and TA viewpoint. Technically todays pullback appears normal, especially in this market. There has been some divergence between price and technicals since late March, this divergence continues but now with technicals starting to trend up with price declining/consolidating. Looking at APCO using "GET" it appears further downside is likely, maybe high $12's then a strong move up. APCO has been a strong run, great earnings or not all good stocks have to rest and re-test support in order to move higher. Just my opinion, but I'm hanging on until the price breaks support in the $12.75 area. Good trading to all.

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