The whole paper clothing industry is taking its step toward south due to shrinking de
The whole paper clothing industry is taking its step toward south due to shrinking demand around the world. Look at Textile Industrial (^YHOh809) sector index, it is turning red in the last several trading days. AIN not only in the downtrend industry, but also has more serious problem with higher cost in raw materials. From the RA and TA, AIN is the worst company in the paper clothing industry. With market it red, AIN is the stock you can make cash by shorting. From its TA chart, its next bottom will be around $33-34.
The whole paper clothing industry is taking its step toward south due to shrinking demand around the world. Look at Textile Industrial (^YHOh809) sector index, it is turning red in the last several trading days. AIN not only in the downtrend industry, but also has more serious problem with higher cost in raw materials. From the RA and TA, AIN is the worst company in the paper clothing industry. With market it red, AIN is the stock you can make cash by shorting. From its TA chart, its next bottom will be around $33-34.
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