AXE 1.54% 32.0¢ archer materials limited

AXE Chart, page-105

  1. 6,434 Posts.
    lightbulb Created with Sketch. 582
    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
    https://hotcopper.com.au/data/attachments/6130/6130854-db1dcef42b00add35f3c7c31a40aadc0.jpg
    https://hotcopper.com.au/data/attachments/6130/6130857-2f76245f95041521e5dbb57ebb7acf04.jpg
 
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32.0¢
Change
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Mkt cap ! $81.55M
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32.5¢ 33.0¢ 32.0¢ $82.16K 255.1K

Buyers (Bids)

No. Vol. Price($)
2 47585 32.0¢
 

Sellers (Offers)

Price($) Vol. No.
32.5¢ 27632 4
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Last trade - 13.44pm 25/06/2024 (20 minute delay) ?
AXE (ASX) Chart
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