I polished my crystal ball after recharging it with spring water and sunlight all day, and whispered prayers and of gratitude to it while looking deep within…
then remembered broker data posted here recently indicated average buy price of a few brokers in the high 30’s…
Looked at the chart to see volume of selling is declining and trading price range tightening…
then entered prior low, high, and current price in online fib extension calculator: fib 100% extension = ~60 fib 200% extension = ~90
gazed back at chart history to see prior support/resistance around these. Tick.
Then drew ascending line on the chart connecting the recent highs and extending through 60-90. Tick.
Then thought about the possibility that confirmation of patent grant around 20th Jan could be the catalyst!
AXE Price at posting:
36.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)