APC: Falling Wedge, Triple Bottoms

Note: Posted on Jan 2, 2008, Last Update on Jan 3, 2008

APC forming a falling wedge triple bottoms (see updates below), but there's no volume. Volume needs to build in order for it to break from the falling wedge pattern.

Target Price @ 0.79 (take note: last 21 trading days high @ 0.71 & low @ 0.057)




No position with this issue. But, will add this to my watch list.

Update on Jan. 03, 2007

Triple Bottoms Chart APC Chart January 03, 2008 O-0.61 H-0.65 L-0.59 C-0.60

On Jan 2, 2008, APC chart signals a BUY because 5 day MA crosses above 10 day MA.

APC Price History
10/02/2007 - 0.89
10/16/2007 - 0.86
10/30/2007 - 0.74
12/07/2007 - 0.71
12/18/2007 - 0.57