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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: lostmymoney who wrote (399)2/4/1998 10:41:00 AM
From: Kulnor  Read Replies (1) | Respond to of 29382
 
APCO Reported $.10/share
Automobile Protection Corporation (APCO) Announces Record Fourth Quarter and Full Year Results
biz.yahoo.com

P2



To: lostmymoney who wrote (399)2/4/1998 10:49:00 PM
From: Ken W  Respond to of 29382
 
Mike: TSSW

TA? or FA? I'm limited at best with both.
Since this is after the fact....Nice call, looks like it will go up from the time you posted! :-)
Serious, The top of its price channel looks to be at 2.00 as the stock bounced off of that today, one could call it a retest of the recent breakout. This is good. The stock needs some news or other propellent to drive it further or it may just sit and base for awhile.
The oversold condition is corrected, but needs to turn up just a bit at this point. RSI is OK, Momentum is OK. You're headed for some stormy weather at 3.50 from the run up when they first released PC-nllin. (Coupled with a certian amount of goading from DC)
If you want more technical than that, you'll have to ask a real TA guy.

Luck to you Mike

Ken W