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Monday, November 21, 2016 4:06:15 PM
$APHB ~~ The .62 or low .60's showing support so far since Friday afternoon.
In my e-mail Alert Nov 20 (as I always suggest), I stated a Limit Max entry area for buying of .68. That area, including low .63-.64 area was available multiple times through out the day, especially toward close, so plenty of low opportunity for the patient & savvy follower of this.
Overall, there was plenty of opportunity with ample liquidity at the ask @ .65 or less most of the day.
I always encourage people to be patient by placing low range limit orders (rather than chasing it upward) when entering while providing a stock usually that allows for reasonable time to enter low, and this $APHB stock is a good example of that today where followers of this trade should be patiently letting the sellers come to them in low .60's area near .54 or less.
Sunday (11/20) before market open today, I set .68 for Max Limit entry criteria because I feel that area is still low relative to eventual upside on this trade for good risk/reward & also because I didn't want to target too low of entry for followers in case it would've popped upward fast. But that being said, .65 or less has been a great area to buy at today with plenty of shares available at the Ask for anyone patient & targeting lower range trading area for optimal entry.
Anyhow, keep in mind that there is no certain defined bottom yet, but at this early juncture, it is showing good signs.
Once this reverses upward, my speculative upside on this is .80-1.00 in short term.
In my e-mail Alert Nov 20 (as I always suggest), I stated a Limit Max entry area for buying of .68. That area, including low .63-.64 area was available multiple times through out the day, especially toward close, so plenty of low opportunity for the patient & savvy follower of this.
Overall, there was plenty of opportunity with ample liquidity at the ask @ .65 or less most of the day.
I always encourage people to be patient by placing low range limit orders (rather than chasing it upward) when entering while providing a stock usually that allows for reasonable time to enter low, and this $APHB stock is a good example of that today where followers of this trade should be patiently letting the sellers come to them in low .60's area near .54 or less.
Sunday (11/20) before market open today, I set .68 for Max Limit entry criteria because I feel that area is still low relative to eventual upside on this trade for good risk/reward & also because I didn't want to target too low of entry for followers in case it would've popped upward fast. But that being said, .65 or less has been a great area to buy at today with plenty of shares available at the Ask for anyone patient & targeting lower range trading area for optimal entry.
Anyhow, keep in mind that there is no certain defined bottom yet, but at this early juncture, it is showing good signs.
Once this reverses upward, my speculative upside on this is .80-1.00 in short term.
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