Please note the Accumulation chart which is the top graph in the link above.
MACD also should continue the trend up which is the bottom chart on the link.
AXAS now headed to new support area of $3.50 to $3.90.
A few technical notes: the weekly chart is showing accumulation challenging the former accumulation high of 2008. http://stockcharts.com/h-sc/ui?s=AXAS&p=W&b=5&g=0&id=p33172528725
The difference maker is that volume is 3 million plus on a weekly basis (which did not occur in 2008) over the last two months. That in and of itself is very bullish.
The "golden cross" is ready to take place with the 50 moving average overtaking the 200 moving average. A great indicator of a big advance.
The Accumulation graph at the top of the chart is very bullish going to new highs.
Getting set for another break out to $5 to $5.50.
Note also the weekly chart will show AXAS with a new weekly high.
Golden cross is set for next week or the following week.
Well dean you nailed him. These type two faced traders are all over these boards.
It is funny though just a few days ago he is crunching accurate numbers now suddenly he won't own up to them. :) That made me laugh!
In joe dirt balls on words http://messages.finance.yahoo.com/Business_%26_Finance/Investments/Stocks_%28A_to_Z%29/Stocks_A/threadview?bn=80810&tid=11779&mid=11781
An EPS of 0.24 X a PE of 32 = $7.68
(Your numbers are superb wonder bashing boy!)http://messages.finance.yahoo.com/Business_%26_Finance/Investments/Stocks_%28A_to_Z%29/Stocks_A/threadview?bn=80810&tid=11779&mid=11781