AIO has had a nice run since the $1.00 mark, she was up over 30% in just 4 days! I have said that before, most " so call stock financal broker expert" predicts $1.50 would be the T/O target, she went up to $1.355 today, if I was your broker I would tell you to sell too! 30% gain in less than 4 days which is alot! AIO tanks around the same time as our XJO tanks. No news is bad news, I think that is what started the sell off. However...AIO also has a history of "if you sell in the morning before 10:30 chances are you would get the high of the day, and buy it back at 3.00pm, history is about 75% right on this one.
From the Candle stick point, if there is still no news on Monday, expect a retrace back to $1.105.
Plan your trade, and trade your plan, AIO is not for just Hold and Hope, her intraday is wild!
AIO Price at posting:
92.9¢ Sentiment: None Disclosure: Held