Charts on Near Term Uotrends Message Board

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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (1280)	10/12/2009 12:11:18 PM
From: Jibacoa	Read Replies (1) of 1404

ASTC has not closed its Sep 28 UG, but it seems that it wants to bounce up without closing it.<g> The srock is up 26.93% with volume of > 912,00 already about 5x its ADV bigcharts.marketwatch.com ASTC cut its losses on the first 2Qs of 2009 fiscal Yr., and reported on the black in the last 2Qs There are no EE for 2010 but since the revenues were significantly better in the last 2Qs, it is expected that the results will continue to show better comparison with 2009 in the pending Sep(1st) and Dec (2nd) Qs.<g> The stock has had a good run since the present up-move started in March 13 from the $0.30 level.<g> There is no ACTAY, but with the way the stock is behaving, it seems reasonable to put a target around $4.50 <g> It is starting to get off from the DT coming from its Apr 2004 H at the $48 level.<g> bigcharts.marketwatch.com Bernard

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