Nice follow through on APC oil stock, it was due, whenever you
breakout of a steep wedge, most of the time the stock pulls back
again, in this case stochastics getting below 20% and turning up
over 20% by yesterday afternoon was a good trigger
otherwise ESRX from watchlist broke out fairly quickly this
morning
APC and ESRX trade ideas follow up
Posted by matt on 18th of May 2010 at 10:19 am
Nice follow through on APC oil stock, it was due, whenever you breakout of a steep wedge, most of the time the stock pulls back again, in this case stochastics getting below 20% and turning up over 20% by yesterday afternoon was a good trigger
otherwise ESRX from watchlist broke out fairly quickly this morning
Great scalps there on APC,
Posted by piclez on 18th of May 2010 at 10:37 am
Great scalps there on APC, thanks Matt.