Advanced Photonix Inc. Message Board
-
API is out of steam
I hate to be stucked here. Sold some and I hope to sell the rest tomorrow. If it goes below $2, I may buy more.
-
The picture is getting much clear.
---$2.50
-----*
------*
-------*----------2.40
--------*---------*--*
---------*-------*----*---------$2.0
-----------*----*-------*-------*---*
-----------$1.86---------*-----*------*
--------------------------$1.75----------*
--------------------------------------------*
-------------------------------------------$1.50 -
Your window is too small. Why don't you just bring your range to the last 5 days and base all your decisions on that?
One month? -
better picture
---$2.50
-----*
------*
-------*----------2.40
--------*---------*--*
---------*-------*----*---------$2.0
-----------*----*-------*-------*---*
-----------$1.86---------*-----*-----*
--------------------------$1.75--------*
-----------------------------------------*
----------------------------------------$1.50 -
I usually look at 5 or 10 days trend to enter or exit a stock. If a stock is forming a 'W' shape then I enter and if it is forming a 'M' shape I exit. I believe that API is forming a 'M' shape here. Of course, it is better to exit when it is still 'N'.
http://finance.yahoo.com/q/bc?s=API&t=5d- 3 Replies to ila_to_the_moon
-
It's nice to know you're learning the alphabet, but ask your first grade teacher about the fundamentals.
-
You are kidding? That is the extent of your T/A? You have a lot to learn in this cruel...cruel trading world...
-
Excellent point ila_..;
I see the last leg of "M" just started today but this 'M' looks like my 3 years old hand writing and the last leg may extend to $1.50 easily.
-