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Strategies & Market Trends : CHARTS AND TA, A UNIQUE APPROACH -- Ignore unavailable to you. Want to Upgrade?

To: jpmac who wrote (1259)	11/19/1997 11:02:00 AM
From: stan s.	Read Replies (1) \| Respond to of 1391

APSG, it's a little oversold on the CCI and Williams%R...volatile trading indicators in this context. geocities.com A downturn today will likely signal a sell signal or two. Unless it's a big tank those signals won't be followed by the MACD's etc. I assume you're not daytrading this. ASPG popped nicely over resistance (14 3/4)....if it closes below that point it may test "gap from" support at 14 1/8 or possibly lower support at 13 7/16 (less likely) There's nothing ominous in this chart at this time....could have be just a "remorse rally"... may have gotten a little ahead of itself. There are no signs of mid term troubles yet....probably just positioning itself for earnings....one of the best scenarios would be a quick base with a narrowing of Bollingers...then a big pop off earnings. I'm looking at it right now...nothing really happening...no rush to the exits Good luck, Stan