Market Thoughts : APM Bounce Play

APM today was like Skyfall!

A little better since you get your money 

back (and more) if you played the bounce.

Click Here For The Trailer

APM was like... 

And Then...

APM : Blowoff

"Just BUY Tomorrow and Enjoy the "JUMP" in the coming days."

APM 6 month Weekly Chart 10.11.2012

Click Here for more posts on Blowoff

Update 10.12.2012

One last hurrah before the fall?
I know both these stock are different but chartwise similar.


(Click Image to Enlarge)

http://t.co/rDGpzX4R

Update 10.16.2012

Should there be another decline tomorrow. 

Bullish = price not going below .088 or .091 (the higher the better) + volume not greater than today's




Update 10.19.2012

The next two trading days will be critical.




Update 10.24.2012

If there will be another decline/(consolidation) in the coming days,
Bullish = Price not closing below .15/.151 + Volume not higher than today's

Always set your stops.



Update 10.27.2012

We should see a clear direction on where this is heading within the next 1-2 trading days. 
Any close on or above the .16 Level would be considered bullish. Peg your Stop on .144

Borg Stocks and Trailing Stops

Last year it was PWR, MET, and AAI

This Year it's LMG, MAKE and APM!

Don't you just love BORG stocks?

For those of you who don't know about the Borg from the Star Trek Series, 

Well.. Borgs are the merciless living nightmares of the vast galaxy that either assimilates 

or destroys any sentient race in its path.

And the Borg's favorite pickup line?

Yes. Once the Borg Collective makes a move, resistance will be like a hot knife through butter.

Borg Stocks are just like that. 

They usually manifest themselves after a breakout from an ATH (All Time High) Resistance or a Multi Year Resistance. They make gaps as they go through the days, and even defy the natural laws of the RSI Gravity.

The catalyst for this phenomenon is usually unknown especially during the rise.

So how do we play with these bad ass stocks?

Buy on Breakout and Set Trailing Stops.

I don't know about you but this works for me. 
There are many ways to set trailing stops. 
Find that which suits your trading style best.

APM Chart

APM Chart 10.8.2012

APM Chart 10.9.2012

Be sure to SELL when your stop is hit.

Trust me... You don't want to be holding a dead Borg.