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RedStick

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Re: bowonwing post# 39

Wednesday, 03/31/2010 5:03:43 PM

Wednesday, March 31, 2010 5:03:43 PM

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Agree about the overall markets, but the MACD appears to be putting in a bottom. The histogram is upticking now (which, as you probably know, rarely gives off whipsaws) and the signal line has completely flattened out. AXTI could potentially retest the lower trend line one more time before making a break out, but with the fundamentals vastly improving, I think this one has plenty more upside room.

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  • 1M
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