Gold Customer
Joined: 11/11/2006 Posts: 359
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APSLL: Would you by chance have ABK on your Bonza Bottom List?
Mammon
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Registered User Joined: 3/21/2006 Posts: 4,308
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Mammon, how are you today? No this one is not on my current list. The long term action is a bit funky for me, and I have never liked this industry. But the short time that price has spent forming this bottom does interest me, as I will demonstrate in the two following charts.
In chart one it is obvious that someone or many someones likes this stock at this price range because thay are accumulating a whole bunch of it. In my second chart I will show by the pink circled areas that we might get some action very soon.
If you pay attention Daily then I belive if managed propperly there will be profits to be had.
I would not call this formation a conventional Bonanza Bottom, but I would at this time play it as such. If price breaks $34.00 on convincing Volume then I just might join you in this one. Let me know if or when you enter.
Apsll.
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Registered User Joined: 3/21/2006 Posts: 4,308
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Registered User Joined: 3/21/2006 Posts: 4,308
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I also do not like that there is zero Institutional support.
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