Stocks, charts, risk management & coffee

I’ve been doing my favorite kind of trading over the past two days. I haven’t made any trades and I’ve just been letting profits accrue. Last week I was about 15% invested and I pushed the throttle up to 25% invested (all long, no hedges). I’ve been flipping through my positions and I want some [...]

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§2701 · March 11, 2010 · AXTI · View Comments ·


AXTI

AXTI is a stock I mentioned when it was about $2.25 or so. It is now trading at $3.35. I have posted the long term chart to show the longer term saucer pattern and subsequent breakout. This is the reason I put AXTI on my radar in the first place. I caught a moderate [...]

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§2656 · March 4, 2010 · AXTI · View Comments ·


AXTI

AXTI is a long term cup and handle formation of the 5-year chart.
 

I like the 1-year chart as well. Price has tried to breakout over the $2.10 level a few times but couldn’t do it until today. Today’s move is also occurring on nice volume.
 

I’m still watching to pick a market direction, [...]

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§803 · October 30, 2009 · AXTI · View Comments ·