AXTG - testing support / bounce play to uptrend?

[cryder17]

Ive been in and out of this stock for a while and have been watching it closely for another jump in for a bounce in its downtrend.

This company actually has a great product that is getting a lot of rep and they are managing to get into very large contract sales to major company's. I've been waiting for this stock to start appreciating for a few months and it has been pretty reliable in hitting its reversals on que.

I dont have the TA tools and extensive knowledge to properly predict the pivots, but history has shown that this stock has been relatively predictable (with hindsight knowledge).

Anyone with some TA skills wanna share some opinions and knowledge?

[cryder17]

forgot to mention.... i found support at about 1.75

[cryder17]

bouncing off support of 1.75 like clockwork. its wierd how predictable this stock is with minimal TA

[Thierry Martin]

[mlegha1]

Looking interesting to me is anybody in it?

[cryder17]

i may play it on the next signal

[cryder17]

no reversal to uptrend, but good bounce off 1.75 -> 1.9X.

[cryder17]

This one is getting wasted. its on a fast slide within the past hour. support is drawn at 1.47-1.50. if i had some mad money i would toss it at this one if it kept above the support level

[cryder17]

this is a funny little one. bounced a little lower from my support and is up 15%

[Goldman Slacks]

Been watching it for weeks and finally signed on at 1.70. Yes, it's a great product with real customers, good rebate program in place, and tax incentives for users... looked like the Bus ran over it, then it turned on right after the Bush SOTU (energy play) and then leveled out. Plenty of good news so hoping ..... I look at similar energy plays (greens) like EVCC that have no customers and ran up over $5.00 this week ( I cashed at 3.80) it's got me baffled but will hang out with it.