Saturday, April 28, 2007

APOL Analysis for 04.28.2007

Monthly chart shows that the stock has pulled back to the .618 fib area. The last 3 months shows that the $43 level is a strong area of support. Current month shows that price has closed above the 89sma and 50sma. Upside target is the .382 fib level at the $58 range.

Weekly chart shows current resistance to be at the prior high of $48.81.

Daily chart shows support at the $47.85 level. Friday's price action closed above the 8ema. Possible retracement here before higher.

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