Thursday, February 08, 2007

Breakout Chart: AVP

AVP broke out on heavy volume out of a 3 month consilidation. This is what Alan Farley would call a "power spike". Over the next few days, I'll be watching closely for a good entry point. Being that it's Avon, I'm getting some pressure from my wife to enter this stock. She's already happy that I'm holding NCTY.

1 comment:

Anonymous said...

I've been watching this stock and I'm waiting for a pullback- what are thinking would be a good entry point?