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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Cornstock who wrote (55316)10/24/2019 10:25:00 PM
From: Doug R  Read Replies (1) of 57207
 
I knew there was a reason we like you Peg. APPS had totally slipped off my radar but hasn't slipped your Iowan Iron grip.
The chart says that the next leg up would approach 11.
The momentum is intact and rising.
The volume on this week's wake-up from consolidation is not too shabby.

One more day up and the 3dRSI enters into day one of being a possible pasty guy.
I see nothing in the way of its' doing so...except an air pocket in the markets in that time...so there's that. You could well see it hit the scan on Tuesday.

It might be worth a toe in the water tomorrow if it starts the day with some supported upside. See if it pastes, then stalk the trick. Hypothetically for now, of course ;-)

Depending on Mr. Market, APPS has the juice to get to 11 at first and still be a serious contender to keep going afterward.
Regular check-ups along the way, as always, is recommended.

It's definitely back on my radar now,
Thanks Peg.
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