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Axion Power Concentrator 124: July 08, 2012

|Includes: Axion Power International, Inc. (AXPW)

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.


HTL's New Chart Tracking Insta from July 7th


Axion Power's Weighted Moving Average Price and Volume:

Today's price and volume graph includes a new "support line" for trading volume that I think may prove to be important. Volume fell off a cliff after the Q-2 and Q-3 conference calls last year and only peaked near year end because of relentless selling. Once the selling stopped, volume continued to recover until the February direct registered offering spooked a lot of people and volume fell off for a second time.

It looks like we may be seeing a reversal of the pessimism with this latest bounce off the long term volume support levels. There certainly seems to be an improvement in the mood on the Concentrators over the last few days as people begin to realize that many Axionistas are sitting on their hands, but lurkers and other strangers that we don't know about are not sitting on theirs.

(updated through July 7th)

Axion Power Concentrator Comments:

(updated through July 7th)


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.