Charts: AAPL,APA,APC,APOL, CCI,DNR,EXP,IPG,PLCE,SCMR

AAPL Hits Support Zone.
APOL Breaks Support.
SCMR Forms Large Bullish Engulfing.
Plus APA,APC,CCI,DNR,EXP,IPG,PLCE,SCMR.

110526aapl

110526apa



110526apc



110526apol



110526cci



110526dnr



110526exp



110526ipg



110526plce



110526scmr



***********************************************
This commentary and charts-of-interest are designed to stimulate thinking. This analysis is not a recommendation to buy, sell, hold or sell short any security (stock ETF or otherwise). We all need to think for ourselves when it comes to trading our own accounts. First, it is the only way to really learn. Second, we are the only ones responsible for our decisions. Think of these charts as food for further analysis. Before making a trade, it is important to have a plan. Plan the trade and trade the plan. Among other things, this includes setting a trigger level, a target area and a stop-loss level. It is also important to plan for three possible price movements: advance, decline or sideways. Have a plan for all three scenarios BEFORE making the trade. Consider possible holding times. And finally, look at overall market conditions and sector/industry performance.

 Previous Article Next Article