Alpha PRO Tech Ltd. (AMEX: APT)
Q: On August 18 you folks had APT as Trend Up 247.5%, how do you foresee this company/stock performing over the next 3, 6 and 12 months? Do you think it will continue going up and reaching $10 a share?
Thanks for your email. SmarTrend issued an UPTREND on APT on 4/1/09 at $0.99. As of today’s closing price, the trend on APT has returned over 340%. The stock will remain in this UPTREND until our technical indicators determine a trend change has occurred. While the average trend length is around 28 days, there are several cases where they can last anywhere from a few days to several months. I suggest you signup for a free trial of the SmarTrend system (www.mysmartrend.com/shop.asp
) so you can add APT to your Watchlist and be notified the moment it changes trend direction. See attached a one year chart of APT, including SmarTrend’s calls on the stock.
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