Ascent Solar Technologies Inc (OTCMKTS:ASTI) looks weak as it fails to hold above the first potential pivot point.
Market Action
ASTI lost 3.85% and ended the trading session at $0.0200. Volume traded stood at 37.3 million shares, 2/3rd of its average daily volume of 49.3 million. After opening at $0.021, the stock touched a high and low of $0.019 and $0.022 respectively.
ASTI Files 10-K for the fiscal year 2020
- ASTI has appointed Michael Gilbreth the new CFO of the company and Victor Lee, will continue to be the CEO of the company.
- ASTI appointed new directors on
- New board of director now constitute of five members, including Dr. Amit Kumar, as a Chairman of the board.
- ASTI appears optimistic to meet its aggressive plans of restricting and to commence operations soon.
Victor Lee, President and CEO of Ascent Solar Technologies, Inc. commented “Since September of 2020, we have been working tirelessly to restart our operations and get caught up with the required SEC filings,”
Trader Notes
ASTI closed near its first potential pivot point of 0.02020 and looks bearish as it is struggling below the resistance level. Additional pivot points to watch are 0.0182 and 0.0186 below and 0.0202 and 0.0206 above. ASTI passed its 50-day and 200-days moving average.
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