AER Energy Resources, Inc (AERN): ** AERN Video Chart 2/14/12 ** After...

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Tuesday, 02/14/2012 4:23:19 PM

Tuesday, February 14, 2012 4:23:19 PM

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** AERN Video Chart 2/14/12 **

After making a little bit of noise on Monday, the Bulls came out stampeding today as they not only broke the 50-SMA, but absolutely crushed it, and most importantly, were able to close well above it. Given the increasing volume action and price action, I believe it is safe to assume that it will be catch the eyes of many people tonight and tomorrow morning as they do their market scans.

As for resistances, the nearest one is the James Bond level of up $.007, and then after that, nothing til up in the $.008's (previous highs). After the past couple days, AERN has shown it can move very quickly, so with a continued surge in volume like it's been getting, James Bond better put on the boxing gloves...

Link to Video - click here to watch the technical chart video

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