Agreed - i was in the gym at the time of the selloff but it shouldn't be unexpected.
If you look at the weekly chart, there was bound to be resistance around the 6-7c mark (from April '09). I think we may get a week more of churning within this region until the uptrend resumes. The next resistance looks to be around the 7.5-8c mark. Once this clears we should be testing the 52 week high (11.5c).
Holding.
AXT Price at posting:
6.2¢ Sentiment: Buy Disclosure: Held