Stockwatch: APC, AJO
(APC Chart as of May 8, 2009)APC formed a double bottom from October 2008 to May 2009.
On May 7, 2009, it breakout from the double bottom pattern with volume. And further confirmed the breakout on May 8, 2009, when it breaks pass its 260-MA with volume.
Target Price @ .44.
On May 7, 2009, it breakout from the double bottom pattern with volume. And further confirmed the breakout on May 8, 2009, when it breaks pass its 260-MA with volume.
Target Price @ .44.
(AJO Chart as of May 8, 2009)Last May 8, 2009, AJO closed at its resistance based on Jan 13, 2009 @ 0.48. There was a huge volume last trading session.
I'm watching this stock and plan to enter a position when it breakout from the double botom pattern.
I based the target prices from its previous high .053, .059 and .062.
I'm watching this stock and plan to enter a position when it breakout from the double botom pattern.
I based the target prices from its previous high .053, .059 and .062.
1 comments:
nice suggestion.Its a buy as long as it does not goes down 0.4.enjoy buying
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