AXE archer materials limited

I did not short my AXE stock , only took profits on 2 packets 3...

  1. 332 Posts.
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    I did not short my AXE stock , only took profits on 2 packets

    3 investment packets still in

    the volume has died ; no large packets being bought ; small day traders or bots playing with the stock now
    as you can see it's in consolidation; always after a beautiful rise or fall

    but key level is @$ 2.149 for serious traders
    investors need not worry


    Downside;
    next levels if key level support broken is @ $1.114
    then around $ 1.980

    judging from the last time where it rocketed with the Chinese patents it slid down for 2 months ... slowly down ... hurting day Bull traders ; there are quite a few bag holders @$ 2.75 or $2.95 levels

    Upside;
    I don't know what Mo now plans
    but it has been slightly disappointing in regards to trading this on the upside ; all we got was a spike and the plunge no comeback

    so if some news happens now i feel it needs to break VWAP @$2.303
    if it holds above VWAP @$ 2.303 then we can see this slightly going up to is precious high @$ 2.60

    thinking both sides of the coin here
    my personal sentiment is "watching" not buying now selling
    but watching the key levels very closely @$ 2.149

    disclaimer; this is my personal view ; I know nothing but am not useless
 
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(20min delay)
Last
23.0¢
Change
0.000(0.00%)
Mkt cap ! $58.61M
Open High Low Value Volume
22.5¢ 24.0¢ 22.5¢ $89.25K 387.4K

Buyers (Bids)

No. Vol. Price($)
4 104441 23.0¢
 

Sellers (Offers)

Price($) Vol. No.
23.5¢ 56023 2
View Market Depth
Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
AXE (ASX) Chart
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