Penny Stock Pick - ACLS
Ever since hitting this year's low on August 31, shares of Axcelis Technologies Inc. (ACLS), the Massachusetts based semiconductor equipment maker, have been on the rise and so far has gained 60% in just two months. Recently Axcelis Technologies has received two major orders from other chip maker - one for Axcelis photoresist dry strip cleaning system and another for the company's plasma dry strip systems showing great signs that the Axcelis's business is picking up.
Technical chart shows bullish sign as MACD is above 0 and 20 day moving average has crossed on top over both 50 day and 200 day moving average. The KD lines though show weakness as both K line and D line are moving downward which is why ACLS stock has pull back recently. At the moment ACLS actually rose 6.97% which shows there is support as shares have dropped to 20 day moving average.
The insider transaction chart also show bullish sign as Axcelis Technologies's directors have been buying tons of shares since August. Financial statement shows improvement with consecutive rise in revenue and reducing net loss. With continuously improving business we should expect another great quarter from Axcelis Technologies.
Technical chart shows bullish sign as MACD is above 0 and 20 day moving average has crossed on top over both 50 day and 200 day moving average. The KD lines though show weakness as both K line and D line are moving downward which is why ACLS stock has pull back recently. At the moment ACLS actually rose 6.97% which shows there is support as shares have dropped to 20 day moving average.
The insider transaction chart also show bullish sign as Axcelis Technologies's directors have been buying tons of shares since August. Financial statement shows improvement with consecutive rise in revenue and reducing net loss. With continuously improving business we should expect another great quarter from Axcelis Technologies.
posted by Stock Geek at
8:44 AM
8 Comments:
I like your ideas. Check my blog out and if your interested become a follower! I would love to have more commenters so we can swap ideas.
http://tradermarketinfo.blogspot.com/
Happy Holidays!
Penny stock picks sometimes go belly up, and while it is not likely, it is not uncommon for the company you are investing in to go bust and no longer exist. Therefore, you could stand to lose all of the money you have invested. So again, use your head and don't invest more than you can afford to lose.
penny stocks
Just came across your blog, keep up the good work I also have a penny stock blog through blogspot so if you get the chance you'll have to check it out
Investing and Penny Stock Blog
top stock to buy in 2011
best penny stock U.S. stocks 2011
best penny stock U.K. stocks 2011
best penny stock Canadian stocks
Buy Penny Stocks 2011
Top Chinese Stocks For (2011)
Top Stock Picks For (2011)
Best Stocks Investment For (2011)
Top Stocks For (2011)
Top Penny Stocks For 2011
How to Hack the Stock Market
australian stock market
ohio stock market challenge
top stock to buy in 2011
Buy Penny Stocks 2011
I also like the idea. I like everything that I read in this article. I learn so many useful things about penny stock.
Penny stock picks are all the rage on stock trading message boards and online stock communities. Several companies will mail you a hard copy monthly of a record of the top 10 stocks to you for your investments.
I was very encouraged to find this site. I wanted to thank you for this special read. I definitely savored every little bit of it and I have you bookmarked to check out new stuff you post.
Regards:
Stock tips
I have a web site where I give advise on penny stocks and stocks under five dollars. I have many years of experience with these type of stocks. If theirs anyone interested in these type of stocks you can check out my web site by just clicking my name. I would like to comment about the future of the stock market theirs always bargains in the stock market you just have to be willing to take the time to find them. Speaking of stocks under one dollar that worked out for me. I recently sold my shares in vonage holdings corporation for 5 dollars. I bought the shares in 2009 for 37 cents. This was a rare exception to the general rule most of the stocks trading under 1 dollar are not good investments. The way that you find low priced stocks that are worthy investments is to have as much knowledge and experience as possible about these type of securities. Only than can you profit tremendously from these stocks.
Post a Comment
Subscribe to Post Comments [Atom]
<< Home