Friday, September 25, 2009

APOL Offers a Low Risk Setup

APOL has a weird, volatile pattern, but still offers a low risk setup off a breakout-pullback.

An entry here at $71, with a stop under the moving average at $69.60 and a target at $74, offers a 2:1 reward to risk ratio.

CPLA, another education stock, has a similar setup.

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