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Axion Power Concentrator 144: Aug. 24, 2012: Axion Power Reports Second Quarter Results For 2012

Aug. 24, 2012 8:41 AM ETQ222 Comments
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These instablogs and the people who maintain them have no relationship whatsoever to Axion Power International. To our direct knowledge no person with a current relationship to Axion Power International other than being a shareholder participates in these instablogs.

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Axion Power Reports Second Quarter Results For 2012

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IMPORTANT UPDATE:

Axion Power Moving Average Volume:

I don't normally send updates mid-week but the new volume graph is important because the 10-day average broke 600,000 yesterday and we're within a day or two of a break-through where the 50-day will penetrate up through the 200-day. There's been a fairly consistent volume resistance in the 500,000 share range for a couple years and the 600,000 figure is a clear penetration. We've only had three other instances where the 50-day penetrated up through the 200-day. One was a tiny blip in August of last year that didn't last long, but the other two were large and sustained volume surges.

(updated through Thursday close Aug. 23rd)

Axion Power Weighted Moving Average Prices:

(updated through Friday close Aug. 17th)

Axion Power Concentrator Comments Graph:

(updated Aug. 21st)

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Links to valuable Axion Power research and websites:

The Axion Power Concentrator Web Sites created by APC commentator Bangwhiz it is a complete easy-to-use online archive of all the information contained in the entire Axion Power Concentrator series from day one; including reports, articles, comments and posted links.

Axion Power Wikispaces Web Site, created by APC commentator WDD. It is an excellent ongoing notebook aggregation of Axion Power facts.

Axion Power Website, the first place any prospective investor should go and thoroughly explore with all SEC filings and investor presentations as well as past and present Press Releases.

Axion Power Chart Tracking, HTL tracks AXPW's intra-day charting.

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Disclosure: I am long AXPW.OB.

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