please don't start up with that it's being capped jive.hughj as
It's had a wide gap open which is discouraging of buyers who follow the classics [Buy Low and sell high] It's traded at very high volume so far [ in top 5 days so far] There has been some churning/dt swing trading but not really that much percentage chop for open price buyers.
Many LT holders incl myself are very tired of the AXE share price inactivity over last year or so.AXE has been underperforming in a speculative portfolio and there is great encouragement to Sellers to sell into the news or will it be like before? Bleeding Gap has to be closed AGAIN!
Yes Great FA news positioning AXE as a premium graphite producer to a particular high end market but will new long term holders start buying in steadily and heavily or will we just have day trading diddly johnnies and janets for a few days "capping" the rise and "manipulating' the retrace?
Dang Gap Theory.Not enough done on Continuation Gaps cause and effect imo.
AXE Price at posting:
22.5¢ Sentiment: LT Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)