AXTI - Nice looking chart that can continue up

21 באפר׳ 2019

AXTI has built a good bottom and is looking like it can continue up. It is currently trading above both the 50 MA and 21 EMA on the daily chart. Support should be around 4.65 and resistance around 5.10-5.15. A good entry point would be either close to support or break of the resistance with a stop right under the support. Break of the MA would change my view of this chart.

24 באפר׳ 2019

הערה

Broke my initial support levels. However, had a strong day yesterday. Wait until after earnings to see if it will continue up or down.

26 באפר׳ 2019

עסקה סגורה: היעד הושג

got lucky with this uptick today.