$AXTI The strongest earnings report ever, yet the stock price crashed. What should retail investors do?
Why did it fall?
First, let’s look at the latest news—it's all bad:
First, all the good news has already been priced in. The impressive earnings report is just liquidity for big players to dump their shares!
Second, the company turned around and announced a massive $545 million share offering, instantly increasing the number of shares and diluting your stake!
Third, the most dangerous risk: its core production capacity is in China. If export licenses get held up, even a mountain of orders will just become inventory!
The technical picture is brutally unforgiving:
The key support level at 47.53 has been decisively broken and is now overhead resistance. The current price is 45.8. If the price breaks below the 44 line in the sand on heavy volume, there’s nothing but a “vacuum zone” with no buyers below—and it could slide straight to 42–36!
Short near the current price of $47, or wait until the U.S. market opens tonight and enter a short position.
Don’t hesitate—hesitation means missing out.
#中期选举 #AXTI