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2.74%

37.5¢ archer materials limited

I wonder how many will remain as the price approaches 70…

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Gerrado

6,958 Posts.

1335

29/04/24

18:56

Post #: 73565832
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Originally posted by kipper57: ↑

WRONG!!

i have nothing to do with walls. Walls are not necessarily created at a typical resistance points but can be.

A wall is constructed from either a large seller or a group of sellers at a particular price and evident in the market depth.

A potential resistance point is typically identified on the chart (not in the depth though a wall in the depth might appear at resistance).

You're confused with the definition between a seller wall and resistance, though they can both appear at the same price level they're different terms.

i wouldn't be laughing at your own lack of understanding of trading terminology, but you are welcome to.

i have drawn an arrow at a wall in the depth of AXE @70c it's a wall as decent volume, keep in mind others may appear onnce market opens

Then i have drawn resistance lines on the chart

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I wonder how many will remain as the price approaches 70…

AXE Price at posting: 50.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 37.5¢		Change 0.010(2.74%)		Mkt cap ! $95.56M

Open	High	Low	Value	Volume
37.5¢	38.5¢	37.0¢	$91.46K	242.1K

Buyers (Bids)

No.	Vol.	Price($)
2	14663	37.0¢

Sellers (Offers)

Price($)	Vol.	No.
38.5¢	3278	1

View Market Depth

No.	Vol.	Price($)
2	14663	0.370
6	45256	0.365
4	52608	0.360
3	37000	0.355
10	86042	0.350

Price($)	Vol.	No.
0.385	3278	1
0.390	18831	3
0.395	29191	2
0.400	20738	2
0.410	9408	4

Last trade - 15.26pm 07/06/2024 (20 minute delay)


Last 37.5¢			Change 0.010 ( 0.64 %)
Open	High		Low	Volume
38.5¢	38.5¢		37.0¢	113316
Last updated 15.24pm 07/06/2024 ?

AXE (ASX) Chart