Avix Technologies, Inc. (AVIX)

[ripster]

short term vs long term...

short term if you look at the last 18mos only once did the stock break through 70 RSI (overbought indicator) and that was this August and it immediately pulled back. At this level we hit 70 around .04 so there may be a run up but I would expect a slight pull back & consolidation between .03 and .04 which would prep it for the next leg up.

long term - it's all going to be about the news and subsequent revenues and if the news is big...then this could easily over time head much higher.

No stocks go straight up, they move up, they pull back, consolidate and if the news is all good, then they move up again.

What's been nice about the way it's been trading is that there has been a floor and slowly over the last couple of weeks the .02's have been cleared out.

At the end of the day --- if the news is huge then you suspend the rules or "norms" and look out above!! GL2A!