American Energy Partners Inc (AEPT)

[Quinquagintilliard]

WTWO 9POINT CHART INDICATOR: 7/29 beer:30p.m.
MOMENTUM=I'll start here as momentum is a good indication of future price change. WTWO is on its way UP and currently at "0" looking to flow past in an uptrend signifying positive price change. A.M> trading should clearify this and be seen as VERY BULLISH if "0" is indeed surpassed as other indicators cooberate this indication. A downturn however would not cause panic as nice support has been found at .0003
MOVING AVERAGE CONVERGANCE?DIVERGANCE= On July 9th WTWO's MACD line crossed over the signal line and has been steadily channelling above the signal line toward the zero line....this is a great indication to an ending downward trend and earliest signs of an uptrend. This indication is as good as it gets.
RELATIVE STRENGTH INDEX= The RSI turned up today today with heavy volume to tap the "sweet 50" mark making great entry point for traders looking to capitalize on an upward trend that has not been overbought. This indication also shows a rise in recent gains as to recent losses.....another great sign for the bulls
AVERAGE DIRECTIONAL MOVEMENT INDEX (ADI)= This indicator shows a battle going on...with my knowledge, I don't believe it to be a rleiable source in this area of the "trip zone" going back to July 9th DI+ has been tapping higher highs...which could be a sign of a positive increase in investor sentiment...when this line crosses DI- the BULLISH EFFECT will be released and could occur any day as a diamond shape convergence has now shaped....I'm rooting for DI+
ACCUMULATION/DISTRIBUTION= Spiked today from -150 to -50 from a steadily climbing line uptrending toward the convergance/divergance line...if this indicator breaks through this line expect a BREAKOUT! We'll take a closer look at the Chaikin Oscillator to verify the strength of this signal.
CHAIKIN OSCILLATOR= Beautiful! This indicator became "positive centerline crossover" riding above zero when WTWO began chanelling in the .002 to .004. The recent drop to .0002 was noticed and today (7/29) it spiked back up up on high volume into the positive range...this BULLISH indicator cooberates the Accumulation/Distribution BULLISH signal.
ON BALANCE VOLUME=Spiked today after a long gradual decline. This indicator is pre-mature but non-the-less the first stage of signaling a possible reversal of a stagnant trend
VOLUME= 94.42M....NICE...Why? Looking at the WTWO yearly chart there was ALWAYS AN UPTREND OR BREAKOUT AFTER V BEGAN TO RISE ABOVE 50M....we want to see more of these 50M+ days!!!....
AVERAGE TRUE RANGE= Indicates consolidation and WTWO has likely hit bottom

NOTE: Using these indicators in low priced highly volotile stocks may seem futile or sometimes irrelevant. My idea is simply to narrow the spectrum to what is likely to occur.
COMMENTARY: I have done no DD on fundamentals or SS but I feel confident taking a .0003 position to be relatively risk free.....am I drunk? 8BEERS1DOOB.................cold beer