Good Morning
Is AXXE future looking bright? I think so, technically wise that is,
I don't have a magic ball for the fundamental side, but their recent
progressions have definitely caused a turn around in the pps.
But according to the chart, AXXE is on the right path, a path that has
a 47 to 53pct possible move before a correction, and possibly even more.
Chart indicators are all extremely bullish:
MACD - One of the most attractive MACD's I have seen in a long time.
Talk about the right timing, as you have the perfect set up, trending
far distance bellow the zero line and curving up to do a bullish cross over
the signal line which is one of the most important indications.
RSI - Oversold as of 3 trading days ago and now moving back up into break out
territory, giving us a bullish indication.
Acc/Dist - At absolute bottom and has reversed its patter from going down to flat line,
and indication that distribution has reduced and a reversal could happen any
moment.
The chart is in a perfect bottom bounce formation with a break out indication as well,
an odd combination, a rarity in its pure form, which could be very lucrative.
If you have not read the report, make sure to do so and enjoy AXXE, as this
could be a multi day mover.
Continue here for AXXE full report.
Sincerely,
007
