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Technology Stocks : Aixtron AIXG now listed on the NASDAQ after GGNS merger
AIXG 3.0600.0%Jul 18 5:00 PM EST

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From: The Ox8/2/2011 12:21:57 PM
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I would look for AIXG to bottom out between $16 and $24. I know that is a huge range but let the chart show you a clear change in the trend before getting aggressive on the long side with this one.

If I had to make a prediction, I would suspect that the $22 level could be a very good place for the trend change to take place.

Their end user markets are cooling off. They had a great run as you can see in a 5 year chart. It may be a year or 2 before their market base picks up again. Until such time that the market starts to anticipate this rebound in their customer base, I think it would be wise to watch and wait and that is what I am doing.

Keep in mind that the company is very well run and has done a great job since I started this thread. Add in the turmoil in both our stock markets and the one in Germany as being another negative factor in the stock's performance. For aggressive shorts, the trend is down and the chart shows no sign of changing as of this moment.....

JMO.

Good luck!!

TO
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