Weekend Update

Looks like we did find the bottom last week. However, profit taking occurred in several stocks that went on a bargain sale few weeks before. Are we going to continue heading back up now? I think so as to what I am seeing on the weekly chart(red circles):



Although we could still experience some choppiness early this coming week.

Looks like I was right with my AP reading(for short term) as profit taking surfaced during mid-session, giving up 1.12% at the close, closing at 35.40.

Intermediate trend is still up so no worries for AP right now, as being suggested by its weekly chart.

AGI gave off a take-profit signal(short term) for Monday. Looks like the pattern needs to wait for a little longer.

DMC is looking to break above its downtrend line! Hopefully, no major profit taking for those who bought at the recent low so the price won't be pushed down just yet.

AP is up by 30.78% within 29 trading days.