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All postings and comments are based on my personal opinion. It is purely for sharing purpose and no inducement for any buying or selling.
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Sunday, June 17, 2007

ASTI

ASTI has closed at 0.28. MACD has crossed over and just crossed above the zero centreline. Positive divergence in MACD, RSI and Stochastocs showing strength. Bullish sign.

This stock has reversed its trend since this year, from downtrend to uptrend. It has managed to find its support at 200d EMA recently and has crossed all the EMAs. Positive sign.

It is currently supported at 0.265. Next resistance at 0.295, follow by 0.3 and 0.315.

The result during second half of the year is usually better for tech stocks, with its recent result and improvement in its sector, this stock is worth for consideration in investing.

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