Hi insane, thanks for that,This is the setup I use when looking...

Hi insane, thanks for that,

This is the setup I use when looking at any new stock - WEEKLY chart over at least 2 years.

Knowing nothing about the stock here goes -

1) AAR is caught in the middle of a falling channel. Good sign if it breaks above red resistance line.
2) I've circled the MACD at it's buy/sell points. Need to wait for the MACD to rise above it's signal line for a buy to be considered.
http://www.incrediblecharts.com/technical/macd.htm
3) ADX - "Declining ADX shows that the market is losing direction." Say no more.
http://www.incrediblecharts.com/technical/directional_movement.htm
4) Volume has collapsed over the last 7 months - bad sign.

My opinion? I see nothing positive here & would look elsewhere. Your opinion is what matters as it's your money so good luck!

Regards
Chalea