StockRSI and MACD
MACD is still positive and the StochRSI reads below 20. I am watching for volume and Accum/Dist line on Monday to see if buys come back into the market.
The last time AXIH was in the 0.47 to 0.57 level on Jan 23, we had big volume, which carried us into this nice raise up to 0.75 and back down to 0.57.
If there is little buying, I will watch the MACD to see if we go negative, which I don't think will happen ... but this is the stock, not the company.
I think that the company will post some good numbers in March and if we haven't already gone up, we will go up again in March ... really only 6 weeks (or so) away from their filing ... not too much to wait.
Again, if anyone wants to put in some guesses for 2012 annual and Q4 revenues, I will keep a list and post the winner.
So far, just me and the crickets here on this SMB.
DebitsAndCredits