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

Blowoff Volume: CLOUD

I hope you sold before the rocket made an Apollo 11 in the CLOUDs.

The BoHemIan Church: Conclusion

(Update Oct 12)

Its funny how people quickly have a change of heart. I remember when BHI was having wild upswings and everybody was gaining. Lots of praises to the company owners and especially to those people who shared their "insider info".

But now that the tides have turned, what do they do? They blame the same people for their losses. 

If one would only be objective in trading.

He could have gained a maximum of 27.65% from BHI today, buying at the lows, and selling at the days high. 

Ok. Ok. highly improbable, so let's just say a minimum of 10% Gain. Not bad for a day's trade.

(Even Higher for tomorrow's rally - If there is one.)

If you already have the money. Then be a Judas Trader. 

BHIlieve (BUY), then BHItray (SELL)

And rid yourself of all emotions.

Or you'll end up like the real Judas when he became emotional.

BHIlieved, BHItrayed, but in the end nag BHIgti.

(Loss of at least 25%)

__________________________________________________________________________________

(Original Post Oct 11)

For those who BHIlieved 'other people' , they are now feeling BHItrayed.

When you play this kind of game, never trust anyone but yourself.

Here's a Quick Review of the BoHemIan Church:

Kinds of BHIlievers:

BHIlieved, at BHIniyaya. 

(Gain of at least 10%)

BHIlieved, but went to the BHIlibids.

(Loss of at least 10%)

BHIlieved, yet BHInitay

(Loss of at least 25%)

BHIlieved, pero naliBHIng.

(Loss of at least 50%)

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Volume: The Sign that tells you "Game OVER"

The Blow-off signals the end of the 'play'

Abnormally High Volume compared to previous days + Candlestick making a new recent high 

(and usually with an upper shadow)


The shorter the play, the easier it is to find.

IP Daily Chart

ISM Daily Chart

PEP Daily Chart

PAL Daily Chart

Once a blowoff is made, expect a sharp decline, then a bounce 
(bounce will not exceed blowoff's highest point), 
then price action that will eventually lead to stock inactivity.