Wednesday, 2 July 2014

ASTI - STRONG ACCUMULATION IN THE FINAL MINUTES OF TRADING TODAY AT $0.052 AND $0.053 - TARGET $0.06

Why we spotted ASTI ? ASTI has form a mini wedging bull-flag as seen in the chart shown below. The BBs(big boys) has collected 11m shares back in 20 May 2014 and the stock price has been in the range of $0.046-$0.054(did not break below $0.046 support). Today total volume done at 6m with 2 last min block trade done at 5.2 and 5.3 cents showing potential upside.
 
With the penny season carrying forward to JULY, this stock could be in a good shape for a big rally towards $0.06 given that many penny tech shares such as ARTIVISION, PNE MICRON, DRAGON and METAL COMP, the time is ripe for ASTI to shoot towards 6cents in JULY 2014.
 
 
 

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