Thursday, April 18, 2024 9:05:26 AM
$AXXA
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You are correct, OKWIFE. Quite correct, except a note of caution here....we had the same signal one week ago, Thursday at 3:00 pm on the 5 day stochastic.
It did rise to $0.0012 on the ask where 7MM shares were waiting, only to be overwhelmed by an avalanche of 101MM shares of CD conversions over the following 4 days.
Still like stock charts, not this one though. Not at a 6-year low with all the momentum of a lead balloon. Combine that with a management who have a love of signing toxic CD notes but display a clear disdain for their own common stock shareholders.
AXXA breakout? Bottom reversal??
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