Axis Energy Corp (AXGC)

[Pig-man]

When you stop and look at it in detail referring to the technicals... The stock based out about the 60 cent range for about 5 months, then made a bullish move to above $1 and pulled back to the 80 to 85 cent range for a few month before it's next leg up to the 1.50 mark and has had it's pull back to about 1.20 and has been building a base around here for 2 month... Not many shares have been bought below 1.20 even though you see spikes... I have not been able to buy any below that mark for a month or so... So the next leg up it coming due, if it is news that drives it, I will never know... But we are within a few weeks of a move down or up... One thing I noticed about this share price over the last 5 years, most of the big moves up were followed by a spike down... Almost as if it was shaking out the weak holders before the big move up... Not sure if that will happen this time, but we do have a nice base being built in this $1.20 area.

But remember technicals don't always pan out with pinkys..