Tradelog: sold APC, failed pennant formation

(APC Chart as of May 17, 2009)

You know what no matter how nice the analysis is, it's still the PRICE that discounts everything.

Okay, I forgot to log that I bought a few shares of APC @ .34 last Friday when it breakout the .33 resistance with volume.

Today, I sold my APC @ .32 (-10%) because it seems to me a failed pennant and there was selling out volume today.