Friday, May 18, 2018

$APX @ 1.66

If the price of gold and US gold stocks will be the bases, $APX definitely is not a buy. However, checking its OHLC, an early sign of short-term trend reversal might be underway. There is no change except for its closing price. Moreover, the stock is still above its 100 MA and its last two candlesticks are bullish, a doji followed by a morning star. Both Meridian and Solar are now buyers. COL is now shifting from highly bearish last 15 - 16 May to slightly bearish the past two days, 17 -18 May.