Option expiration Friday; RWB stock ARMH bounces 30 day; BWR stock APOL collapses


Friday is option expiration day.   Tech stocks should rise early, in reaction to   GOOG’s good earnings.   The GMI and GMI-R remain at their maximum levels.   Below is a daily chart of ARMH, which just bounced from its 30 day average after having an oversold stochastic reading.   ARMH has been   a strong RWB stock. If I bought ARMH,   I would place a stop below the 30 day average just below the recent low, at   17.69. Click on chart to enlarge.

Meanwhile, APOL fell 23% on Thursday.   Given that it was a BWR stock, are we surprised?

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