Thursday, November 29, 2007

Axsys Technologies (AXYS)

A day when the markets finally got rid of some of the shorts and may have tempted a few buyers back. With the shorts back on the sidelines and cash waiting to go to work, now is a good time to see what stocks are making a move.

Axsys Technologies (AXYS) may have generated a relatively low volume breakout, but if the market switches back to buyer favor it may ride its up trend a little further. The fresh MACD trigger 'buy' well above the bullish zero line is another tick in the bulls favor.




 
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