RE: APG, we want it to close above 16c. The volume today is encouraging. An up close at the very least would be necessary today, but it would be much better to break the resistance at 16c on the announcement, otherwise it would indicate that expectations of the announcement were overblown, and that the realisation of them will trigger selling. This normally happens with large cap stocks, but is unusual for speccies.
GSE has resistance at 14c and 15c but is developing a nice rising flag (continuation) pattern. I am much more confident about GSE's chart than APG's still. If APG can blow through the 16c mark on volume (volume is there, no worroes about that), it would indicate that there is more than just a handful of fanatics pusing the stock upwards, and that the previously indicated trend strength was sustainable.
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RE: APG, we want it to close above 16c. The volume today is...
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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3 | 197000 | 0.025 |
4 | 266720 | 0.024 |
2 | 270000 | 0.023 |
2 | 145450 | 0.022 |
Price($) | Vol. | No. |
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0.028 | 2355 | 1 |
0.029 | 337693 | 1 |
0.030 | 100000 | 1 |
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