Today's Entry: APA - The Market Speculator

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Today's Entry: APA
May 30, 2008 05:10 PM UTC

The Market Speculator

Return	Risk
-9.28%	HIGH

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Profile & Performance

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Symbol	Sentiment	Start	Return	Closed
APA		05/30/08	+2.93%	06/02/08

Via The Market Speculator:

I bought 100 shares of APA at $133.34.

Setup: Trend Pullback. The stock has pulled back to the 50 day moving average, where it found support the last two times it reached this level. Stochastics are oversold and OBV remains stong.

Risk: My intial target is the recent high at $150. I would likely take partial profits, move my stop up to my buy price, and hold the rest into new highs. My stop

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