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Updated 11/20/2009  
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APP
AMERICAN APPAREL INC
Weekly Commentary

Our system posted HOLD . The previous BUY recommendation that was confirmed was made on 10.30.2009 (21) days ago, when the stock price was 2.9500 . Since then APP has gained 4.41% .

The previous SELL-IF signal is now null and void. We allowed two weeks for the confirmation of the bearish pattern and the market denied confirmation. None of the three bearish confirmation conditions were realized.

Continue to hold the stock and wait for a new signal.

Do not bother yourself with further buying or selling as long as the HOLD tag stays. Keep away from short selling as well.

Data provided by:  End of Day Data

 
HOLD
3.0800
+0.0800 +2.67%
Candlestick Analysis
This Week's Patterns: White Spinning Top
Candlestick Pattern


This week a White Spinning Top was formed. This represents complete indecision between the bulls and the bears.
For more about this candlestick click here.


 
 
Stock Quote
Week's Close 3.0800
Previous Weekly Close 3.0000
Previous Weekly Open 2.7300
Change +0.0800
% Change +2.67%
Volume 1,955,955
 
Stock Activity
Week's Open 3.0400
Week's High 3.4000
Week's Low 2.9500
20-Week Close M.A. 3.3790
50-Week Close M.A. 3.2932
20-Week Volume M.A. 1,431,011
 

Two-Year Signal History
Week of          Price   Signal $100
Became
10.30.09 2.950    Buy 543
10.02.09 3.600    Sell 543
07.17.09 3.010    Buy 454
06.19.09 3.960    Sell 454
06.05.09 3.960    Buy 454
05.15.09 6.000    Sell 454
02.06.09 2.030    Buy 154
01.23.09 2.400    Sell 154
01.09.09 2.200    Buy 141
11.21.08 3.940    Sell 141
11.07.08 6.050    Buy 216
09.26.08 9.830    Sell 216
08.15.08 7.000    Buy 154
07.11.08 6.250    Sell 154
06.20.08 6.500    Buy 160
05.16.08 8.430    Sell 160
05.02.08 7.500    Buy 143
12.21.07 14.950    Sell 143
11.02.07 11.950    Buy 114
10.19.07 12.060    Sell 114
09.28.07 11.170    Buy 106
09.07.07 10.900    Sell 106
08.24.07 10.330    Buy 100



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