Alright Vegas!
You nailed that CC perfectly! Your observations of AFCI in the past is also accurate. The bands narrow and then expand with AFCI. Notice, the curve upward of the upper BB? The price will continue to climb some more! In fact, check out the recent RSI high for AFCI. There is more upside potential here. A very nice 13.4% upward pop today on twice as much trading volume. AFCI has a 38+% growth rate and a fair P/E. Very nice open interest I might add. Good news is hitting the street on AFCI.http://biz.yahoo.com/n/a/afci.html
askresearch.com
Short Interest! Short Interest for AFCI is 3.8% of the shares outstanding, requiring 1 days to cover.
Nov 98 2,715,754 +26 4,216,194 1 Oct 98 2,150,176 -10 3,045,704 1 Sep 98 2,391,350 +3 3,407,836 1 Aug 98 2,322,098 -2 2,393,359 1 Jul 98 2,374,458 -32 4,422,682 1 Jun 98 3,493,930 +32 1,225,940 3 May 98 2,653,771 -7 1,091,067 3 Apr 98 2,874,148 +11 1,353,689 3 Mar 98 2,598,868 +2 1,835,408 2 Feb 98 2,541,778 -23 1,279,090 2 Jan 98 3,292,080 -22 850,109 4 Dec 97 4,240,852 +15 1,231,191 4 |