Have been on this one for some time.
marketwatch.com
Ascent Solar
The first stock, working alphabetically, is Ascent Solar (ASTI:ascent solar technologies in com News, chart, profile, more Last: 22.42+0.08+0.36%
3:24pm 01/08/2008
ASTI 22.42, +0.08, +0.4%) , which is in the junior solar energy group. We originally picked this stock for our subscribers early last year when it was trading in the 3-4 range. It broke out in March, had a long consolidation, broke out again in September, flagged, and then made higher highs before pulling back sharply in Novmeber. It held at around the 13-14 zone, and then began another run-up, getting to as high as 28.35 on Monday, Dec. 31, before backing off this past week.
It looks as though ASTI has a chance of getting up into the high 30s over the intermediate-term (one and a half to three months), with a short-term (two to six week) target of 31-32. Short- term support is at the recent breakout point at around the 22.5 area, near where the stock closed on Monday. |
