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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VEEV 244.06-9.8%Nov 21 9:30 AM EST

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To: D.J.Toal who wrote (1966)2/3/1999 10:44:00 PM
From: Stock Watcher  Read Replies (2) of 52051
 
DJ; on AXC; today was a very significant day for AXC; the stock showed amazing strength after it was down to 3.63 and then came back to hold $4; it closed @ 4.13 with the bid-side higher than the ask.

I don't believe we will see the stock dip below $4 again. The chart indicates that AXC is in a trading range between 4 - 5.50; With the strong volume, it looks like we'll break-out of this next trading range by the end of February.

Even though you know the stock much better than I do, and I respect your opinion; this is still a very profitable company with great upside potential. The chart tells the story...we're going up; regards, sw
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