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All postings and comments are based on my personal opinion. It is purely for sharing purpose and no inducement for any buying or selling.
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Tuesday, July 17, 2007

AP Oil



AP Oil is currently under consolidation. It is trading within the range of 0.365~0.38.

MACD still looking to crossover the zero centerline while RSI and Stochastic have already picking up. If price close above the opening price today, we will see the MACD getting nearer to the centerline. Once the MACD has crossover and above the zero centerline, we may see the price moving up further with resistance at 0.385 follow by 0.41.

3 comments:

Anonymous said...

Thanks for sharing with me your study on AP Oil....its moving up!

SGTrader said...

You are welcome. May I know you are...?

reymund said...

reymund here...too bad its coming down liao...but so does all the rest of the stock...guess I shall be holding on and wait for the sun to shine again