Has come down to 50% Fibonacci retracement level (measured from the start price of 18.6 cents to the All time High of $2.95). This coincides with a touch of the long term trendline and a time count of 120 Bars from the start of the uptrend on 4/01/08. Perhaps today will be a false break below an obvious support line, and providing the long term trend line is not broken, could signal a potential reversal point with a resumption of the uptrend. + ve volume coming in on Monday will be a good indicator.
AEV Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
