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 [...]
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 [...]
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, [...]
