mae - charts - technical analysis, page-61

No problems Dark Cloud, please find the 3mth chart as requested. It is in a down trend from this view and have drawn a line where most likely resistance will hit I believe this will be a "Bull trap" - A bull trap is where the bulls get caught in a bear market rally so to say.

OBV - On balance volume (the black line)is showing distribution and not accumulation which is what one would be looking for if there was a likely hood of up coming higher prices.

Bottom picking is a dangerous game, and as you have mentioned there have been many recoveries in other stocks. I would suggest you find one that is being accumulated and has already started an up trend.