Here is a chart of AAI, because of the double AA's it is always near the top of the list and I find it easy to remember. I had not taken a look at AAI for a few weeks since I have been playing here and doing other stuff. Today it caught my eye as I was poking around the charts. Chart courtesy of http://wl4.wealth-lab.com/. Thanks Wealth-Lab.com.
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This is an example of an up move after an alert. Yes it traded down right after the alert but then held support at the moving averages. The alerts only indicate a possibility of up, not a certainty. At least you would have been alerted to keeping a closer look on this stock to see how it unfolded. The upward move through the moving averages combined with the alert, and then the test of the moving averages gave the chart a "friendly look."
Right now it looks like a stall out may occur, looks like about 10 up days in a row which is enough to give pause. Also, the small candle something formed yesterday says pause. Best guess is perhaps a move down to the 4.00 neighbourhood. This is where a moving average is (red line) and horizontal support. Watch the game, see what happens.
This is not a recommendation to buy or sell this stock. Due diligence is your responsibility. If you need professional investment advice then find a professional.
Thank you for your time.
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