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Re: marcpopo post# 199

Friday, 06/29/2012 11:59:37 AM

Friday, June 29, 2012 11:59:37 AM

Post# of 6242
You're very welcome marcpopo, nice to hear from you. :) If the AAPT H&S formation completes and then crosses below the H&S neckline at .0197 it would be very negative for AAPT and take AAPT below .01. :( But, that's only an "if" and not yet a fact happily. :)

What is termed an "inverse H&S" pattern would be a very bullish pattern for AAPT but that isn't currently the case for AAPT. AAPT musn't cross below .0197 whether or not an H&S formation materializes because that too would be negative for AAPT in the short term.

ead this definition of an H&S pattern

Have a happy and successful trading day. :)

Best,

Bob-C

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