Astrotech Corp. (ASTC)

[Getitgogone]

Is the gap going to fill or not?

See chart #1 below (Gap created 12/12/18)

It's certainly trading like it wants to go there

I bought more today thinking I didn't want to be greedy,but didn't wait long enough,bought more in the 3.60s OOF!! But not kicking myself I knew it was a 50/50 shot at it as I'm expecting a potential recovery bounce any time.I'll be digging in the couch cushions if they take it anywhere near 3.00

Gap was created 12/12/18 about 3 months ago;Looks like you could call it anywhere from 2.60s to 3.20s on the gap fill.
I honestly didn't think this would happen with approval in Europe and on the ECAC list for selling the TRACER 1000 as well as TSA waiting in the wings here in the USA

I am more bullish on ASTC than I have been in years;Being put on the ECAC list now they actually have something of value,along with many patents;I expect a buy out of 1st detect or they are going to start generating revenue from sales and contracts;Right now it is quiet but something is brewing because Pickens is the largest shareholder and I don't think he was throwing his own money away.

You have to pay for a ticket to ride and I am in higher than here but until I see some bad news I'm not concerned about the current share price because that can change literally in an instant with the right news;This is a relatively non-dilutive stock a rare thing with such a low share count.

It's possible we are witnessing one of 3 scenarios

3 things that could be going on with the way the stock is trading >>>

1. Someone has inside information about something bad I.E.there was a glitch at the TSA?

OR

2. Someone has inside information and knows something good is coming and they are shaking it down to gather shares.

OR

3. Nothing has changed at ASTC in regards to the way it trades and just does what it always does;Normally it flies on decent press releases and subsequently weakens over following weeks or months if they go for long stretches without news and there is nothing evil about its' trading at all;I just want to buy more

RSI has plenty of room to run,it's almost to zero
Sitting on the 200 day moving avg.and 5o day is at 4.71 (Crazytown)

The PSAR Parabolic Stop and Reversal you can see in the 2nd chart below
The dots on top of the candlesticks shows selling pressure and has been ongoing for quite a bit;When those dots flip to the bottom of the candlesticks you will know with certainty(confirmation) that buying pressure has began,however,imo if you wait until that happens you will have already missed the move out of the ghetto.

FYI I guess we can no longer use sharpcharts to post charts so using a different website , quality not as good but gets the point across.

Shows gap CHART #1 >>>



PSAR CHART #2 >>