Filed Under:
Tickers in this Article:

Last year turned out to be very good for shareholders of AQNT, and so far 2006 has been the same. As you can see from the chart below, today's 4% gain sent the price of AQNT above the $28 resistance, which is now a level that we'd expect to become support when the price heads back lower. We've also added the MACD indicator, which has crossed above its signal line. This crossover could be used by the bulls as confirmation of a move higher. We'll now watch to see if the buying pressure can continue or if the bears will step in and push the price lower.

comments powered by Disqus
Trading Center