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  • profit_rocket_prophet profit_rocket_prophet Dec 1, 2012 12:46 AM Flag

    SAPX

    stockcharts website? Suggestion, from the default uncheck Log Scale and use the Bollinger Bands overlay, setting the time frame to 1 month and 12 days. Tuesday the 20th and this past Wednesday showing big relative volume. Seems to me 2 waves of capitulation. Scale in, don't get overly confident. Besides, that is the smartest way to accumulate. Kick that chart out to 2 months and 12 days w/ the BBands, you're seeing sideways movement now. Base building after a steep decline, IMO, it doesn't get much sweeter than that!

 
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