Message #33 From:
regoer Date: July 30, 2008 03:14:30 PM
Technicals
Bollinger Bands has closed below upper band by 27.7%; above bottom band by 72.3%; Bollinger Bands are 42.6% narrower than normal.The narrow width of the bands suggests low volatility as compared to AENP.OB's normal range. The bands have been in this narrow range for 2 bars. This is often a sign that a market may be about to initiate a new trend.
Right now, AENP.OB has been showing support around $0.1510 and resistance in the $0.3049 range. It is listed with the $0.3561 target price in six months.
