The Trend Spotter agrees to buy the AMEP for the short term. However, the 50 day parabolic Time to Price Indicator favors a sell. Nevertheless the long term seems to be Buy, Buy, Buy for AMEP, American Energy Product (octbb) So from the 30.92% gain on
Sep. 21, 2005 the close price at .0406 fitted into support at
.0283, pivot point at .0317, and resistence at .0471. Then to
the 100 day average volume continues at 14,151,060 shares. So now
the breakout of resistence at .0471 from the 9/21/ close has to
move .0065 pips to resistence and breakout above .0471 from .0406: What t/A tool will best determine when the breakout
should occur in a number of days? The short term indicators were
formed by the 7 day, 20 day, and the 50 day, moving directional
averages. Now your comments to the question: how many days should it take for AMEP to breakout of the resistence at .0471 from the 30.92% gain at the .0406 close price.
