Well dumba$$ here seems to have worked out why that $1.40 was a recent burr in our saddle there for awhile.
It seems on closer inspection that $1.40 was the breakout price following a traditional w shaped double bottom.
I can’t post charts but if you go back to that final big red candle on the daily early Sept, $1.40 has been an important support resistance level since then.
Breaching that and closing above a week or so ago gave us our bullish confirmation and away we went.
This is all basic stuff for you pros out there i know. However there is not a great community here around this stock so sometimes we just have to work things out for ourselves
AX1 Price at posting:
$1.54 Sentiment: Buy Disclosure: Held
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