Stockwatch: AGI, AJO,COAT,MIC

(AGI Chart as of May 19, 2009)

AGI looks like a breakout from a flag and there's volume.

Still, my trade plan is to enter when it's break the 2.70, which is the previous high.

Target price is @ 3.2, which is the neckline or beakdown last October 7, 2008.

(AJO Chart as of May 19, 2009)

AJO charts shows a flag formation hugging around the 260-MA.

If this breakout from the flag formation, then the target price is @ .070.

Another note, volume is low during the flag formation which is good. That means a lot of people are still holding unto their AJO stocks.

(COAT Chart as of May 19, 2009)

COAT seems to be forming a flag formation since its breakout from the downward channel and 130-MA.

If this breakout from the flag formation and 260-MA, then the target price is @ 2.60.

(MIC Chart as of May 19, 2009)

I missed MIC movement when it breakout from the symmetrical triangle with volume.

MIC has reached its target price from the symmetrical triangle which is @ 2.50.

MIC chart right now shows a possible flag formation. If this breakout from the flag formation, then target price is @ 3.3.