I am not sure what you mean by "thanks" Did I expose something? I merely am trying to determine what might or might not happen and thus the reason for some of the posts? Its very important to get as much DD as possible and even then you're right "toast" is an applicable word to describe the end result? If you saw something or know something please share your information it may result in someone seeing something different and then sharing it,,, thanks
This is one of the reasons that I like to pay close attention to the Technicals.
Technicals explain, in picture form, how the stock is performing based on all of the information that is known about the situation with regard to the company.
Rather than read through a bunch of opinions, especially negative ones, the chart itself sums up, in picture form, if the company is moving in the right direction, or wrong direction, and whether or not a person should be in the stock, or not.
The following about sums things up for me !
Pay close attention to the RSI - Relative Strength, in the top right-hand corner of the weekly chart.
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term.
A "triangle" indicates the presence of a very strong trend that is being driven by strong forces and insiders. Based on a pre-defined weighted trend formula for chart analysis, ASYTQ scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
+10 Last Hour Close Above 5 Hour Moving Average +15 New 3 Day High on Monday +20 Last Price Above 20 Day Moving Average +25 New 3 Week High, Week Ending April 2nd +30 New 3 Month High in October
There are a lot of very positive posts on this board that a person can read and use, to make an informed decision, about whether to be in this stock, or not.
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