Indicators turning to the upside...

[Admin]

Everything is now signaling "buy" except the RSI:

schrts.co/hTvcVg

One more day to the upside should do it.

[christopher]

After bottoming out to the low $5.00 per share range during the middle of August, we have, for the last couple of weeks been trending higher. Today, we are .25 to the upside at $5.94.

The only item that seems to be missing is trading VOLUME! very important

Now, will the remainder of this week lead us above the $6.00 share mark?

[Admin]

Indicators are now ALL positive.

[christopher]

Sorta surprised to find the story below today. All based on a supposed change to the upside in volume.

At 2:00 PM ET  AMCC has traded 400,000 shares. According to Ameritrade and the story below, this is all on high volume.

I can't see where 400,000 shares is high volume. Only a few weeks ago AMCC was trading at least 1.5 Million shares a day. That's what I would be calling semi high volume!

www.thestreet.com/story/13281945/1/applied-micro-circuits-amcc-flagged-as-strong-on-high-volume.html

Just yesterday, I stated a couple of posts above that the only item missing with AMCC shares being traded was lack of VOLUME.

Well, as of today, I guess one could say,  VOLUME has returned.

On Yahoo Finance the 4:00 PM ET close shows 614,828 shares of AMCC traded today. I personally would not be calling that "high volume"

[Admin]

I'm not so sure about the volume being "high" either. I have to wonder about many of the financial stories.

[christopher]

Interesting to see a majority filled down day in the RED end with the share price finishing out the day just above yesterday's closing price, putting us in the GREEN.

AMCC volume today was around 470,000 shares traded. Hitting a low of $5.58 and finishing out the day at $5.80.

With AMCC finishing the day in the green, will this be setting us up for a run north next week?

[christopher]

I guess this is a good of a place as any to post this:

In 1 1/2 hours of trading today we are up double digits and volume at around 350,000 shares. I will take this as a positive FINALLY!!

Let's hope this climb continues into the upcoming Q2 conference call (about one month away)

9/30/15 presently up .30

[christopher]

This does not warrant its own heading, so I will place here:

10/10/15 Yahoo Message Board **  Edward 3141 states:

"AMCC showed a reversed Shoulder/head/shoulder and double bottom pattern, it is very bullish"

if all this is true and means something, then it sounds GREAT to me!!

[Admin]

I'm not exactly sure what a reversed "head and shoulder" is...? Dandruff? I don't know. I always thought of technical analysis as akin to reading tea leaves. I do know one thing though: people are no longer talking about "if". They are talking about "when".

THAT is a very good sign.