The following is Americas Energy Company (AENY.OB) technical analysis for March 8, 2010
Americas Energy Co. Support & Resistance Levels - 3/8/10
Resistance Levels: $3.80, $4.12
Support Levels: $2.75
Chart - Courtesy of www.stockcharts.com
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Americas Energy Company ( formerly Trend Technology Corp. ) stock made a huge reversal on Friday and closed right below $3.00. This was a solid reversal and is worth watching next week. The reason for the move is due to the coal stocks being on fire last week. Watch AENY next week! Resistance = $3.80
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