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AXT Inc
AXT, Inc (NASDAQ: AXTI) is a materials science company specializing in the development and production of advanced semiconductor wafer substrates. These substrates are made from high-performance compounds and single elements, including indium phosphide (InP), gallium arsenide (GaAs), and germanium (Ge).
As per our previous US Daily Report published on ‘AXTI’ on July 07, 2025, Kalkine provided a ‘Speculative Buy’ stance on the stock at USD 2.14 based on “price action, recent key business and financial updates, momentum in the stock over the last month, and technical indicators analysis” and the stock price has now moved up by ~18.69% since then and has attained resistance 1 as well as resistance 2.
Noted below are the details of support and resistance levels provided in our previous report:
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