This one came up on my weekly scans over the weekend.
Weekly chart illustrates stock has been in a steady uptrend since Oct 2014. Uptrend is trending reasonably well inside upward channel. Stock is above 30 day MA and has made 30 period highs. ATR and vol have remained steady and the MACD has slightly turned positive from recent retracement to near bottom of channel trend. Price action on 22/03/16 saw price rise and touch resistance at top of channel at 3.31.
Price may continue trending nicely in this channel or may break out above current channel trend. For the long term holders they have done well out of this stock. Recent market volatility hasn't seemed to impact the stock too much.
AOG Price at posting:
$3.28 Sentiment: Buy Disclosure: Held
