Amtech Systems (ASYS) Just Overtook the 50-Day Moving Average

After reaching an important support level, Amtech Systems (ASYS) could be a good stock pick from a technical perspective. ASYS surpassed resistance at the 50-day moving average, suggesting a short-term bullish trend.The 50-day simple moving average is one of three major moving averages used by traders and analysts to determine support or resistance levels for a wide range of securities. But the 50-day is considered to be more important because it's the first marker of an up or down trend.Shares of ASYS have ...