I'm using AKS because it's a stock I played this week. Now I'm pretty sure that 15.35ish is the POC. Correct me if I'm wrong. First question is should this stock try and fill the gap it created on the day it reached the POC. Second question is should the POC act as the new support line and should this be where we should expect accumulation to occur? Third question is in a perfect world should this stock stay above the POC now that it has crossed it or is POC sort of a daytraders tool? Thanks in advance just trying to learn more everyday.
post #1 of 1
7/1/11 at 9:40pm