InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.78
(
0.00%
)
Bitcoin
58,248.78
(
-0.09%
)
Post# of 94785
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Honolulu Trader

Send PM Follow Ignore
Followers 36
Posts 5021
Boards Moderated 0
Alias Born 03/15/2010

Honolulu Trader

Re: None

Thursday, 08/30/2012 7:38:25 PM

Thursday, August 30, 2012 7:38:25 PM

Post# of 94785
AERL: Lower Lows Lower Highs + Distribution

ut oh, this looks bad.Four Days of Lower Lows and Lower Highs can be seen with Distrution of Shares.Looks like a falling knife to me.Stockconsulant.com has $3.02 as next support level.


Bearish is the word here.I would wait til the stocks finds some support b4 entering.That could be another 13% drop to $3.02.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up