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Tuesday, June 1, 2010

ASPS

ASPS has been trading just long enough to start a 200dma, so this is it's first base, and it's not bad, although price relative is a little bit on the weak side. This is a near textbook double bottom base, but the the brekaout point was near the previous high, so the breakout attempt was today, although the move Friday was much better. It hit a new high, but quickly ducked back under the breakout point, so this may need some more work.

2 comments:

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