AI
Friday, September 21, 2012 11:52:49 AM
ALERT: Extreme AAPT BB squeeze in progress-caution!
Hi wonderful Bear, Foxy, and highstakes, great to hear from you. Thanks very much for your thoughtfulness. :) =)
Here is the AAPT daily chart:
The AAPT daily ST Fast STO hsa turned down negatively below its signal line. The WM%R has also topped out and turned down for the ST. The RSI has also topped out ST.
The AAPT BB is being squeezed very tightly and should expand soon. Currently AAPT's poor volume and the above indicators indicate that the weight of the evidence is in favor of a ST decline when the BBs expand. It is imperative that AAPT doesn't break and close below its 10 SMA currently at .0290 and also more importantly doesn't break below its BB 20 DMA currently at .0280 and its pivot-point level also currently at .0280.
Have a happy and profitable trading day.
Regards,
Bob
Hi wonderful Bear, Foxy, and highstakes, great to hear from you. Thanks very much for your thoughtfulness. :) =)
Here is the AAPT daily chart:
The AAPT daily ST Fast STO hsa turned down negatively below its signal line. The WM%R has also topped out and turned down for the ST. The RSI has also topped out ST.
The AAPT BB is being squeezed very tightly and should expand soon. Currently AAPT's poor volume and the above indicators indicate that the weight of the evidence is in favor of a ST decline when the BBs expand. It is imperative that AAPT doesn't break and close below its 10 SMA currently at .0290 and also more importantly doesn't break below its BB 20 DMA currently at .0280 and its pivot-point level also currently at .0280.
Have a happy and profitable trading day.
Regards,
Bob
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