ARYK0

ASYS Double Bottom Reversal

NASDAQ:ASYS   AMTECH SYSTEMS INC
24 0 5
NASDAQ:ASYS             double bottom reversal. It saw support at this level in July, August, and late January. It saw resistance at this level in mid November so i think its a significant support level . Volume has completely dried out which leads me to believe selling pressure has died out. Its right at its 65 day moving average and could see support and bounce off of there. MACD is close to crossing over, Price Oscillator is slowly diverging from its moving average. Its seeing resistance at its Average True Range a breakout above that is a buy signal. Stop loss is set at 5.29.
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