APOL ==> The Inauguration Day Winner!

[mystiky]

Chart not too sexy for APOL

http://stockcharts.com/charts/gallery.html?apol

I agree, it's a buy in the very low $70's.

[New-born baby]

Market was hammered between the posting of the top 100 and the top five, and then the APOL winner. APOL chart has turned bearish in the meantime, with $67 target. Still, APOL is at a support right now at $79.83. Let's see if tomorrow (January 28th) the buyers come in here at support. When you look at the weekly, you've got a cup with handle. And a two week handle is not bad at all. Watch that support line at $78.60. If APOL moves up we could have a nice breakout and MM is huge!

Well, buyers bought support at $78.60 on January 28, and we had a nice move up to $90. Today we stalled at $90. Market wouldn't cooperate with Mr. Market today. But if APOL can just bust $90, MM hits the target with ease. Right now we are faced with a double top on the daily, or we are faced with another cup on the daily. Time will tell. A breakout over $90 would be just what MM ordered.

For the Dow, we are sitting right dead on support--or maybe a little under it. On the weekly
if it plunges and holds under this 7955 level for two days, then we are looking at $6600 DOW. PnF says $7350 Dow is in the cards. I am getting contradictory signals from other indicators, as they are pointing to an up move on Friday. We shall see.

[ajc3388]

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[New-born baby]

It ain't over 'til its over

was in at 79.58, out today at 83.70

Was up to 11% gain at the 89s, probably shouldve limited gains to 10% in a market like this. Dropped to +7% the next day. Panicked, and remembered the saying that professionals never let a profitable trade turn into a loss. Set an OCA order for stoploss at 83.70, or limit at 87. 83.70 was hit.

5.1% gain overall. thanks MM.

It ain't over for APOL. Watch the market today. The NYSE is working on a symmetrical triangle. A breakout up signals a very strong gain; a breakout down signals a deep loss to
probably the 7350 marker. My gut is bullish. I am thinking we are going to move up. I expect APOL move up if the market breaks out.

I would say to all readers that if APOL breaks over $90 on volume, that she's going to hit $99.80, and maybe a little more. APOL is locked in a trading range right now. Watch for the break above $90 or below $78.60, as I posted earlier. A break South signals a return to $70 or $67. The PnF chart turns bearish at a $82.00 or lower close. Or to look at it another way, $82.00 is a support to buy today if you believe in APOL. 15% of $82 is $12.30, and would give one a 15% target of $94.30 . . . . Not bad. Not bad at all. And I would not sell at $94.30; I would put a stop loss there and look for $99.00.

[ajc3388]

. .

[New-born baby]

Back in APOL at 81.53, between the 30 EMA and 10 SMA, zone for swing traders to enter, seems to have found support near the 80 area, a little under, and resistance isnt until ~88 range.

I hope you get a nice ride off of it.