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Technology Stocks : American Xtal Technology, Inc. (AXTI) -- Ignore unavailable to you. Want to Upgrade?


To: The Ox who wrote (254)4/5/2003 11:53:14 AM
From: Return to Sender  Respond to of 290
 
TA on AXTI Michael. Watch these charts for signs that the stock will move quickly from oversold to over bought. The first chart is a 6 month daily chart:

stockcharts.com[h,a]daclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iUb14!La12,26,9!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14]&pref=G

A rise above 97 cents could have the stock price above the upper Bollinger Band in short order. If the stock's RSI rises above 70 at the same time it may need to consolidate a bit before moving any higher.

Consulting weekly and monthly charts on the stock might help to make it clear that if we do get an economic recovery AXTI could be a real winner:

stockcharts.com[h,a]waclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iUb14!La12,26,9!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14]&pref=G

stockcharts.com[h,a]maclyyay[d19960101,20030307][pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iUb14!La12,26,9!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14]&pref=G

Glad to see AXTI moving up for you Michael. I guess I should have grabbed some the other day at 70 cents.

RtS



To: The Ox who wrote (254)4/5/2003 1:02:37 PM
From: John Finley  Read Replies (1) | Respond to of 290
 
Thanks for your comments, Michael. For a company I believed was positioned well, it's painful to see what's happened. Not that they're the only ones in this position...

Maybe I should pop up to Fremont and see if they've got any neat-looking boule ends laying around that they'll sell me. Looks like it'd be pure profit for them at this point <g>.
(From their latest):
In 2002, we recorded excess inventory impairment charges of $9.7 million

JF