Monday, December 21, 2009

AMHD - Breaking Out After A Year Long Lull


AMHD has waited until years end to finally awaken.  The stock has been receiving a steady diet of buying since late June and now stands poised for a significant breakout.




Today's action pushed AMHD to $.0004 which is providing resistance.  Some of you might remember a similar stock that I pointed out before it finally surged 1,300%...  HESG.  Check this chart out and notice its similarities.  A quiet period with light volume before a surge and rally.


We have just seen AMHD's first day of heavy volume.  If this were to continue we could be seeing a significant run from these levels.


We'll have another post on AMHD tonight.



4 comments:

Anonymous said...

last year in august, this stock shot up to .022

if it made a close repeat this year, itd be one helluva green christmas.

Unknown said...

What day in August of 2008 did AHMD run up to .022?

Anonymous said...

Thanks for the alert GURU. Was able to get a few k at .0003.

Robert Wilcox said...

you are very welcome.