Charting The Flightpath - AIZ

Hi all,

A few opinions on this stock based on chart,

1. Started a downtrend since Jan 22  and lasted till Nov 15. From a high of $3 to a low of $1.60 level.

2. Finally it broke up on Nov 15 last month and had been trending up nicely as depicted on the Green Uptrend Zone.

3. The immediate price support may be at $2.00 while the critical support maybe @ the $1.90 region.

4. The immediate price resistance may be @ 2.09 whilst the critical resistance should be at $2.20 region.

5.  To me, as long as we managed to stay in the yellow zone - we may be poised for a further uptrend soon. Hopefully the short term 1 month plus uptrend(green zone) hold valid.

6. Technically, the upside for this stock is higher($2 - $3) than the downside($2 - $1.60).

7. Looking like currently we are in the accumulation phrase waiting for the continuation of the uptrend.

I am not an expert in charting, comments and inputs are always welcome.

Cheers