Monday, June 02, 2008

The Power of Strong Support

I outlined my entry in APA on Friday. Today the stock is up over 3 points on a negative day for the market (as of noon eastern time). This is a good example of the power of strong support.

2 comments:

burnsoh said...

That was a great call on APA. Well done.

The Market Speculator said...

Thanks burnsoh. I am disappointed that there has not been follow through today, but will hold on unless support breaks.