APWR – at support level

[shulink]

The stock is hitting support and has good potential.

APWR Stock Analysis
APWR - A-Power Energy Generation Systems, Ltd listed on NASDAQ.
APWR - Sector: Utilities, Industry: Electric Utilities.
APWR is in an downtrend.
APWR lost -0.50% on 11/26/10 and a toal percentage of -4.00% in the past 3 days
APWR is trading in the range of $5.94 - $8.22 in the past 30 days.
Average True Range (Atr) is bullish for APWR.
Commodity Channel Index (CCI) is bullish for APWR.
Money Flow Index (MFI) is bullish and moving up for APWR.
Money Flow Index (MFI) is bearish and moving down for APWR.
Relative Strength Index (RSI) is bullish and moving up for APWR.
Relative Strength Index (RSI) is bearish and moving down for APWR.
The 10-day simple moving average is bearish and moving down for APWR.
APWR formed a bearish Stochastic Crossdown signal.
Average volume decrease over 5% for APWR.
Stock performance base on day of week in the past 90 days.
Monday: 21.09%
Tuesday: -18.60%
Wednesday: 7.68%
Thursday: -5.62%
Friday: -3.21%

 

[TheBramble]

It's still going to tank....

 

[songcon]

The stock is hitting support and has good potential.

APWR Stock Analysis
APWR - A-Power Energy Generation Systems, Ltd listed on NASDAQ.
APWR - Sector: Utilities, Industry: Electric Utilities.
APWR is in an downtrend.
APWR lost -0.50% on 11/26/10 and a toal percentage of -4.00% in the past 3 days
APWR is trading in the range of $5.94 - $8.22 in the past 30 days.
Average True Range (Atr) is bullish for APWR.
Commodity Channel Index (CCI) is bullish for APWR.
Money Flow Index (MFI) is bullish and moving up for APWR.
Money Flow Index (MFI) is bearish and moving down for APWR.
Relative Strength Index (RSI) is bullish and moving up for APWR.
Relative Strength Index (RSI) is bearish and moving down for APWR.
The 10-day simple moving average is bearish and moving down for APWR.
APWR formed a bearish Stochastic Crossdown signal.
Average volume decrease over 5% for APWR.
Stock performance base on day of week in the past 90 days.
Monday: 21.09%
Tuesday: -18.60%
Wednesday: 7.68%
Thursday: -5.62%
Friday: -3.21%

http://stockcharts.com/c-sc/sc?s=APWR&p=D&yr=0&mn=6&dy=0&i=t29198298325&r=2603

MACD is trending down with lower low
20SMA is crossing down to the 50SMA
ADX is pointing downward

APWR has a negative chart, I hope that I'm wrong

http://bigcharts.marketwatch.com/ch...MBOL_CHOSEN&nosettings=1&rand=4964&mocktick=1

 

[shulink]

Bought the stock at $6.10 this morning, and set my initial stop loss right below the support. The stock is doing pretty good so far, I will have to move up my stop loss.