Stock Chart Analysis ASTI

Posted by downtowntrader | 5/30/2007 10:17:00 PM | 0 comments »

Stock Chart Analysis ASTI

Ascent Solar Technologies, Inc. (Public, NASDAQ:ASTI)

Interesting chart here for ASTI. It had a nice strong move on volume shortly after its IPO and had plenty of sector support. It has been pulling back with the general sector and could be near complete with the consolidation. It has an unfilled gap below which I suspect will remain unfilled for quite some time. I see some renewed interest in fellow solar semiconductor stocks like WFR, FSLR, and JASO, so ASTI may follow suit.

Good Trading,


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