[isatrader]

APP has moved out of it's Stage 4 decline and back into early Stage 1 recently on very heavy volume, of which the majority has been large player volume. Short covering seems likely imo, but it's now well above it's 30 week MA and running into resistance from last years trading range that formed in the second half of the year and so there's a chance that it could begin to consolidate and form a high Stage 1 base or pullback or it might just plow through and bypass Stage 1, which can sometimes happen when heavy volume continues to come into a stock. But definitely one for the watchlist.