American Investments is currently consolidating in a long term formation after a year long 100%+ run up. Looking into the intermediate daily price action, some interesting moves have been taking place which may lead to a breakout/next leg up. While it's still early, the recent neckline break above the 50 day marked an end to the downtrend that has been taking place since mid March, on a relative momentum basis as well. While outstanding was not present on the candle seen today, the crossed the 0 line and remains in territory, as does . While I won't be fully on board until the January downward resistance line is captured, today proved promising.