Price on AAN appears to be in a longer term upward channel. Currently however, the price has been consolidating in a smaller downward trend within the longer term channel. The volume increase last Friday was likely related to options expiration, but its all the excuse I need to start watching this stock as it nears a pivotal point.I believe price will either turn around here, near the bottom of the channel, and head towards new highs but it never hurts to wait and see. Confirmation of this belief will come if the RSI, or price, break their current downtrend.
