Trade the Cycles

Saturday, December 27, 2008

Arctic Oil & Gas Corp. (Other OTC: AOAG.PK), Another Penny Stock Rocket

Arctic Oil & Gas Corp. (Other OTC: AOAG.PK, recent news at http://biz.yahoo.com/iw/081222/0462259.html and http://biz.yahoo.com/iw/081208/0458411.html), another penny stock rocket, see http://stockcharts.com/charts/gallery.html?aoag.

Note that AOAG.PK has a bullish double bottom earlier in the year, and, a higher one later in the year, see http://stockcharts.com/charts/gallery.html?aoag. It did a lot of basebuilding, and, has obviously broken out and hit a 5% major buy signal on strong expanding volume.

Arctic Oil & Gas Corp. (Other OTC: AOAG.PK) is in a short term Wave 3 upcycle since Tuesday 12-23-08 (large bullish inverse spike on 12-23, http://stockcharts.com/charts/gallery.html?aoag), and, is in a Wave 3 monthly upcycle since 12-18-08 (huge very bullish inverse spike on 12-18, http://stockcharts.com/charts/gallery.html?aoag).

Arctic Oil & Gas Corp. (Other OTC: AOAG.PK) is a very speculative pinksheets stock (http://www.pennymarkets.com/pinks.shtml). Not a recommendation, do your own due diligence.

.......http://www.JoeFRocks.com/

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