stocktrader2009
09-03-2009, 08:07 PM
Applied DNA Sciences Inc (Public, OTC:APDN) is posed to
break 52-week high
In order to achieve this, I felt the downside risk must be minimized by:
(1) good foundation of potential investors providing bid support
looking for less expensive stock
(2) likely current shareholder belief that the stock will continue its
uptrend - which could decrease sell pressure
(3) the fundamental and technical prospects must be abundant enough to
potentially achieve a share price that is a double from current
levels.
break 52-week high
In order to achieve this, I felt the downside risk must be minimized by:
(1) good foundation of potential investors providing bid support
looking for less expensive stock
(2) likely current shareholder belief that the stock will continue its
uptrend - which could decrease sell pressure
(3) the fundamental and technical prospects must be abundant enough to
potentially achieve a share price that is a double from current
levels.