Green Means Go?

Red light.......

The market ended up closing down 81 points today. At first glance this is a bad sign, but, for our possible investment plan for this week, it is a good sign. With the market in the red, AOG was in the green. AOG kept hitting the two points I have mentioned previously $0.06 and $0.07.

There is a lot of resistance at $0.07 hopefully it does not stay long and AOG will break through. For now, 7 cents is the roof, a pretty solid one in fact. The stock's daily lows have been slowly going up, the lows were previously at $0.04, then it began alternating between $0.05-$0.06, and has found a base at $0.06.

The consistent floor of 6 cents, combined with the consistent roof of 7 cents is a probable sign that the buyers and sellers are reaching a consensus. This consensus can either go two ways. If, the new buyers think the stock is worth more, then the roof will be broken and AOG will go above 7 cents. If, the new buyers disagree about the price, then AOG will go down, if current holders agree to sell lower.

Back to my first point, with AOG in the green and the market in the red, buyers are taking interest in the stock. The floor is also rising, from $0.05 to $0.06. AOG has broken through a similar roof before. The previous resistance was at $0.06. After it broke through this ceiling, it went to $0.10. That was our first investment, we bought in at the previous roof price and sold at $0.0795 (getting out a little early). Now a new roof is forming with the floor once again closing in on it.

The previous upwards swing of the stock was also do to a large increase in volume, from about 450,000 a day to 4,000,000. High volume is a good indicator that the stock is going to do something. Right now AOG is at 378,000--not too high. All things being looked at, AOG has the possibility to go up. One thing that is throwing me off is the low volume, in comparison to the other outbreak. The stock is green with relatively low volume. Interesting. I am going to look into it more tonight.

Update as to the investment plan for this week. I am still interested in the idea of investing into AOG, good fluctuations coupled with a rising floor and a roof that looks like it is about to break seem like good signs.* As of right now I think I will buy the 4,100 shares at $0.06 (or close to it). I haven't decided if I will sell at $0.07 or wait to see if this stock has another spurt upwards.

Since I am not fully committed to AOG I am going to go stock hunting tonight and see if anything else grabs my attention. Look for an update tonight or tomorrow morning before the markets open.

*I do not base my decisions off of volume and price ranges only. I take a look at the charts (I prefer candles) with multiple overlays at different time frames. Another note, I am not a professional trader. Take this as a warning, invest your money as you see fit. I am not responsible for your actions, you are.

........Green light!

WIWS

Disclaimer: These are not recommendations to buy or sell. Invest at your own risk. Where Is Wall St. is not responsible for your own decisions.