I think today day traders that bought in yesterday were trying to get out and dumped a few shares which pushed the price down but the strong hands came back at the end and overall a good day as I was expecting a pullback today after yesterdays strong run but we only finished down 1/2 a cent which was a great sign. People are not wanting to sell as the results could be released anytime and no one wants to be stuck out if the results come in as they will prob come to regret it big time!!
Good volumes again which is a good sign and plenty of buyer interest here.
Should move higher again by the end of the week.
AXT Price at posting:
15.5¢ Sentiment: ST Buy Disclosure: Held