Small Cap Stock Picks: Bullish Stock Chart of the Day American Oil & Gas : AEZ

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Small Cap Stock Picks: Bullish Stock Chart of the Day American Oil & Gas : AEZ

BUSINESS SUMMARY

American Oil & Gas, Inc., an independent energy company, engages in the acquisition, exploration, and development of crude oil and natural gas in the western United States.

AEZ has been consolidating and formed up a beautiful ascending triangle stock chart pattern over the past few months. I noticed this stock after it popped up on my screens from Mondays session with its big move in increased volume which broke it out of its symmetrical triangle pattern. Today we broke horizontal resistance and pushed past $3 into the close leading me to believe that this could definitely see a continuation into tomorrows session. I alerted the Black Service crew that i was taking a long position in AEZ @ 2.92

Bullish Stock Chart:

AEZ

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