AmeraMex International Inc. (AMMX)

[KoKid3g1]

Appreciate the VTX reading, but indicators such as VTX is really only good for showing consolidation.

Please read here: http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:vortex_indicator


Notice how our current pattern is breaking apart and will be come back together. This pattern is simply showing the same thing as the BB bands. Most likely we will break at 1.7 to 1.10 and head back down. Even knowing this proves nothing and means nothing because we are talking about a penny stock where shares can be traded easily.

I could just as easily present 3 other indicators to paint a picture of steady growth ahead. Charts are pointless at this point; its really all about the news.