Trend Table for AOI - Africa Oil Corp.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 27	D	Weak or Absent	Down	Down	Up	-21.51%
Dec 22	D	Weak or Absent	Down	Down	Up	-21.20%
Dec 21	D	Strong	Down	Down	Up	-20.89%
Dec 20	D	Strong	Down	Down	Up	-20.26%
Dec 19	D	Strong	Down	Down	Up	-20.89%
Dec 18	D	Strong	Down	Down	Up	-19.29%
Dec 15	F	Strong	Down	Down	Flat	-17.97%
Dec 14	D	Strong	Down	Down	Flat	-18.64%
Dec 13	D	Strong	Down	Down	Down	-17.29%
Dec 12	F	Strong	Down	Down	Down	-14.46%