$AXTI Today it directly surged 15.6%. This move is first about lifting sentiment. Looking at the chart: earlier it already tried twice to test the downside trend, but it didn’t truly suppress the move. Now it feels like a breakout is starting. The most critical point is that the closing price is above the 50-day moving average. If it can continue to hold here, then there’s a chance that the rebound can evolve into a trend repair. On the other hand, if it spikes higher and then falls back, first look for the gap to be filled in that area. That’s where it previously touched a long-term uptrend but failed to break through, so the pressure there is significant. The current rhythm is simple: if it’s strong, watch for support/holding above the 50-day line; if it’s weak, wait for the market to fill the gap and then observe the reaction. In my own review, I’m more inclined to first confirm whether the breakout can be verified—I’m not in a hurry to chase. After all, today’s gain is already substantial, and both short-term sentiment and the profit-taking from gains need to digest.