Johannio, I hope the charts below are useful - your comments are welcome.
Chart1: Daily chart of recent rally & retracement. Based on the July8 swing low AOE has retraced to the 38% Fib Level. Elliott Waves remain bullish. The $3.76 swing low is a key level to watch.
Chart2: 2009 daily OHLC. In defiance of the XAO's rise AOE has experienced 7 consecutive down days! Applying recent speed angles suggests a retrace to about $3.60. The major rising channel remains in play!
Chart3: Weekly OHLC - repeating ranges. In 2006, 2008 & now in 2009 AOE has repeated the 2006 $2.58 rally!
Chart4: 1 Day Swing Chart shows the current trend as UP
Chart5: 2 Day Swing Chart shows the current trend as UP
Chart6: 1 Week Swing Chart shows the current trend as UP
Chart1:
Chart2:
Chart3:
Chart4:
Chart5:
Chart6:
4YIO - NFA - PDYOR
