Good to see that channel base hold (just), would have got real ugly real quick had that base broken with volume. Now the 50 million dollar question where to next? A quick P&D to the top of the channel, resume the slow slide along the base like we did late last year or do we finally build a solid base for which we can finally break out of the downtrend? Someones finally decided to throw some support behind it, those lowball high volume prop bids are indicative. Will see how quickly bids get pulled with any remnant tax loss selling between now and the end of next week, but things certainly look a lot better.
APC Price at posting:
6.1¢ Sentiment: None Disclosure: Held
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