RE:Why downI copied the following from IVH but also my thinking'
The good news is that the analysts keep raising the targets for AOI, while maintaining their buy or hold recomendations.
I have a feeling that there are some large buys down the chart a little bit. I read recently that one of the analysts is putting their faith in the Lokachar Basin, and all else is verbatim icing on the cake.
Insider Chandler has been loading up on the public market, and that's good.
Barring news, it appears the pps will slide down to the 9.70 mark to cover the last gap. The share price, barring news, might switch the trend at that point. If not, the pps may go to the MA(20) at 9.44 or even the MA(50) at 9.12, before the trend switches. Both MAs are headed north, so the trend switch number nay be a little higher than just opined.
In the long run, all this means little to nothing to the longs. However, it does make a difference by making the chart stronger.
Again, any news simply trumps all the intel in this post.