long over the price point of .10 that is a really low price penny so it could break like crazu, the acumulation of volume in the past days speaks of interest
The market’s cheap penny stocks trend is still strong and it seems like it is about to claim its next target in Ascent Solar Technologies, Inc. (NASDAQ: ASTI) which saw a 29% run on August 21. Given the stock’s low float and its equity investment agreement with Lucro Investments VCC, investors are starting to wonder if ASTI stock is the next Novo Integrated...
Ascent Solar Technologies, Inc. designs, manufactures, and sells copper-indium-gallium-diselenide photovoltaic products for aerospace, defense, emergency management, and consumer/OEM applications. It offers outdoor solar chargers. The company markets and sells its products through OEMs, system integrators, distributors, retailers, and e-commerce companies. Ascent...
for any confidence in this spike, otherwise correcting to downtrend in play for a year. This failed for both early September and December. With both MA50 and the upper resistance of this downtrend channel as resistance, need to see some confirmation of trend break. If not within the next few days, my opinion is that it will not hold. I would be interested at a...
Looking at the chart, one can see a wedge formation and a double bottom at .11. Although recent dilution may cause a problem, for the short-term, this stock can reach the yellow yield box, and the red warning box. You want to sell within those periods. NASDAQ:ASTI
Looking at the chart, you can see the pattern that has been established. Utilizing simple support and resistance lines, one can map out the best possible point to buy in. I am currently looking to buy at around .11-.12, and looking to sell at .2, but it could go to .41, assuming it can invalidate the descending triangle.
Just a brief look at the 1 hr chart, ASTI is rolling in a downtrend at the moment, bearish mid term.