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Bob-C

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Bob-C

Re: scapaflow post# 196

Friday, 06/29/2012 8:43:01 AM

Friday, June 29, 2012 8:43:01 AM

Post# of 6242
Hi scapaflow, good to hear from you. :) Good afternoon to you in Germany. :) Thanks very much for your comments. Take a look at my AAPT one-year-daily linear-regression chart below. Please wait for the chart to load-thanks.


AAPT daily linear-regression chart.

AAPT is coming down on the other of a parabolic rise and has formed a major distribution top with a neckline at the .0197 level. AAPT must rise above the .04 level. If AAPT takes a DCAT bounce to the .04 level (potential "right shoulder of an H&S formation) and then goes back down to the .0197 neckline it will have formed a tentative H&S formation that would be confirmed by dropping below the.0197 level.

Here is the AAPT weekly linear-regresion chart:


AAPT weekly linear-regression chart.
Good luck on all of your trades.

Have a great and happy day.

Bob-C
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