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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Vendit™ who wrote (5183)	2/21/2005 9:37:42 PM
From: Sirius_Rich	Read Replies (1) \| Respond to of 8752

You want details? LOL. Upward.

To: Vendit™ who wrote (5183)	2/22/2005 5:47:56 AM
From: Walkingshadow	Read Replies (2) \| Respond to of 8752

Hi Reid, Here's an interesting chart. A first retracement back to test support after a high-volume breakout of a 3-month long trading range: APCC 139.142.147.218 Can't tell yet whether this is a false-start bull trap out of the trading range. But still, a print above the high of Friday's session ($21.90) is the buy signal here with a stop just below 21.35 (all IMHO of course). Pretty nice risk there... a 2.5% stop. No technical buy signals yet, as you can see. I guess a looser stop could be set, but the point is if this first breakout is real, APCC could move strongly with relatively low downside risk. T