Sunday, August 19, 2012 10:55:44 AM
your post might sound to some as a rec to sell
but it's a general post and good advice (trading in general, taking the profits part or the initial $ used for the trade)
stockcharts is a must and not so complex to understand. our emotions and the momo tend to cloud our clear vision of a chart though. if we were robots without feelings trading would be easier.
in the case of aapt, many people didn't sell end of May because of the buyout buzz. which is ridiculous because the price was way too low and the company just getting a warehouse and business licence in Kansas etc.
things are WAY different now and interestingly as contracts keep pouring and products keep nation wide be visible, the buyout discussion could surface again.
we will test AGAIN the 200MA. second time. we could break it because of the fundamentals and the ball game under way.
next is low resistance 2010 highs 12-13cents
etc.... we won't make it too easy shall we ? :))
best
T
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