AJ : As long as 24 holds, possible rally to 28
April 3, 2011 Leave a comment
AJ has firm support from about 23.65 to 24 or so, with a fall below 23.80 the signal for some short term weakness here. If AJ can hold above 24 on a daily closing basis for a while longer it will increase the chances of a rally to 28 or so, possibly even a tad higher. We can use 23.55 as the stop, with entry preferable at 24 or slightly below if there is an intra day squeeze out of those just in for a punt.